Category: Army
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Elbit wins German army PULS artillery system tender – report
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The German military continues its extensive defense procurement in Israel and has selected PULS rocket artillery systems manufactured by Elbit Systems, after intense competition from an American competitor, Defense News reported this week. According to the report, the German Parliament has approved the first tranche of €65 million for the…
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Elbit Systems wins $127m follow-on APS order for US Army
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The order from General Dynamics Ordnance and Tactical Systems is for the supply of the Iron Fist active protection system for Bradley M2A4E1 infantry fighting vehicles. Elbit Systems (TSX: ESLT, Nasdaq: ESLT) has been awarded a follow-on contract worth approximately $127 million to supply… Iron fist active protection systems (APS)…
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From Russia With Fraud: ‘Crypto Queen’ Diverts Funds To Ukrainian Army
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A detained social media influencer could be headed to a Russian prison and remain there for nearly 10 years serving her sentence for committing cryptocurrency fraud. Valeria Fedyakina, dubbed the “Queen of Cryptocurrencies,” is at the center of multiple accusations of widespread fraudulent activities which have reportedly included… Financing the…
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Dozens killed in Gaza as army launches new incursion in north By Reuters
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Written by Nidal Al-Maghribi CAIRO (Reuters) – At least 24 people were killed and 93 others wounded when Israeli air strikes bombed a mosque and a school housing displaced people in the Gaza Strip early on Sunday, the media office of the Palestinian government in the Gaza Strip, which is…
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Dozens killed in Gaza as army launches new incursion in north By Reuters
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Written by Nidal Al-Maghribi CAIRO (Reuters) – At least 24 people were killed and 93 others wounded when Israeli air strikes bombed a mosque and a school housing displaced people in the Gaza Strip early on Sunday, the media office of the Palestinian government in the Gaza Strip, which is…
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Philippine army test fires Elbit tanks
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A battalion of the Philippine Army Armored Corps has completed its first test training with the Sapra light tank, with a 105mm main gun, manufactured in Israel by Elbit Systems Ltd. (NASDAQ: ESLT; level:ESLTA live-fire drill was conducted at the Ernesto Rabina Air Base target range in Tarlac province, part…
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Bangladesh deploys army to face down massive job quota protests By Reuters
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Written by Sam Jahan and Sudipto Ganguly DHAKA (Reuters) – Soldiers patrolled the deserted streets of Bangladesh’s capital Dhaka on Saturday, setting up roadblocks during a curfew imposed in response to student-led protests against government job quotas that have killed at least 110 people this week. Internet and text messaging…
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Musk’s small-investor army cheers approval of $56 billion Tesla pay package By Reuters
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Written by Abhiroop Roy SAN FRANCISCO (Reuters) – Elon Musk’s army of small investor allies scored a victory on Thursday as the Tesla (NASDAQ:) CEO won a crucial shareholder vote on his $56 billion pay package despite opposition from major institutions. Wealthy investors, who own an unusually high stake in…