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Category: Barak

  • IAI’s Barak 8 wins $340m contract with Indian Navy

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    Investor Empires

    Last week, India bought more than 70 MRSAM systems (medium -range surface missile) Spices dynamicsIsrael Aerospace Industries (IAI) partner in developing the Indian version of Barak 8 Air defense system. The contract value is 29.6 billion rupees (about 340 million dollars). Systems will be installed on most future warships of…

  • Barak Eilam to step down as Nice CEO

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    Investorempires.com

    Barak Elam, CEO of CRM and compliance solutions company NICE (TASE: NICE, Nasdaq: NICE), is stepping down. Elam is the CEO of the second largest company on the Tel Aviv Stock Exchange by market capitalization. He has served in this position for ten years, out of his 25 years with…