Category: Defense
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Trump’s Ukraine Pivot Fuels 100% Gains in World’s Defense Stocks
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(Bloomberg) – Washington explained that Europe needs to defend itself. For some investors, this is an invitation to download on defense shares. Most of them read from Bloomberg The stocks related to security were in the state of rupture this year, as Rheinmetall AG (RHM.DE) was classified in Germany as…
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Germany’s likely next government seeks higher defense spending as doubts rise about US commitment
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Bread path links PMN PMN Business The author of the article: Associated Press Gear Moulson Posted 04 March, 2025 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content BERLIN (AP) – The potential partners in…
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Europe Defense Spending Lifts Stocks, Hurts Bonds: Markets Wrap
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(Bloomberg) – European bonds have declined and defense companies have risen to the possibility of increasing military spending, which may force governments to intensify borrowing in the coming years. Most of them read from Bloomberg All the prices of German, French and Italian bonds decreased, as Bund’s revenues for 10…
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Paragon sale completed before Defense Ministry approval
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Last month, amid reports that the electronic attack company Paraguce solutions It was acquired by the American private stock company AE Industrial Partners for $ 900 million. The Israeli Ministry of Defense published a dramatic announcement that says: “Contrary to reports that the Ministry of Defense did not agree to…
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UAE’s Edge Group buys 30% stake in Israeli defense co Thirdeye
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In the cooperation of extraordinary defense industries between Israel and the United Arab Emirates, Thirdye systems (Tase: Thes), which evolves of optical recognition systems of unmanned aircraft with the capabilities of artificial intelligence, announced today that it signed an agreement and established a joint project with the Abu Dhabi’s Edge…
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UAE’s Edge Group buys 30% stake in Israeli defense co Thirdeye
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In the cooperation of extraordinary defense industries between Israel and the United Arab Emirates, Thirdye systems (Tase: Thes), which evolves of optical recognition systems of unmanned aircraft with the capabilities of artificial intelligence, announced today that it signed an agreement and established a joint project with the Abu Dhabi’s Edge…
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Israel’s Defense Ministry awards Elbit $80m F-16 protection deal
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An Israeli electronics company for defense Elbit Systems Ltd. (Nasdak: Eslt;; level:EsltA $ 80 million contract was granted by the Israeli Ministry of Defense for Defense and Initial Installation of the Air Advanced Self-Protection Group on the F-16I fleet. Elbit Systems already provides a group of defense systems for different…
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Defense Ministry awards Rafael $5.2b US-funded air defense contract
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Defense Ministry Director General Eyal Zamir and Rafael Advanced Defense Systems CEO Yoav Turgeman signed the first contract today, funded by $8.7 billion in special US military aid approved by the US Congress in April 2024. $5.2 billion of the aid was allocated to strengthen Israeli aviation. . Defenses –…
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Nagel C’ttee calls for higher defense budget, avoids financing issue
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The Nagel Commission on Security and Force Building Budget Evaluation, chaired by Professor Jacob Nagel (reserve general and former head of the National Security Council), has published its final recommendations, which include a NIS 133 billion addition to the defense budget over the course of the year. next decade. The…
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Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire
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Breadcrumb links BMN Business China’s tight grip on the yuan at home is creating an unintended side effect that will hamper its efforts to revitalize the economy – weakening the competitiveness of exporters. Article writer: Bloomberg News Bloomberg News Published on January 3, 2025 • 2 min read You can…
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Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire
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Breadcrumb links BMN Business China’s tight grip on the yuan at home is creating an unintended side effect that will hamper its efforts to revitalize the economy – weakening the competitiveness of exporters. Article writer: Bloomberg News Bloomberg News Published on January 3, 2025 • 2 min read You can…
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Defense, Novo and Nestle: 2024 Highs and Lows in European Stocks
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Breadcrumb links BMN Business A surge in defense stocks, gains fueled by trades in banks and a rally in Siemens Energy AG shares were among the highlights for European stocks in 2024, a year that once again saw the region struggle to keep up with the United States. Article writer:…
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Top 5 cybersecurity threats and their defense
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As companies strive to build secure businesses, they end up spending a significant portion of their work week on security-related tasks, such as scan reviews, secret discovery, and context switching between multiple tools. Furthermore, sorting out false positives or duplicate vulnerabilities consumes a huge amount of an organization’s time, reducing…
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Slovakia buys IAI air defense system in 560m deal
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Israel and Slovakia have completed the largest defense export deal ever between the two countries, worth €560 million (more than NIS 2 billion), for Israel Aerospace Industries (IAI). MX Barracks Air defense system. The system is designed to deal with current and future air threats, including ballistic missiles. Related […]…
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Ministry of Defense yet to approve Paragon sale
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The Israeli Ministry of Defense announced today that the cyber attack company’s sales amounted to $900 million Solutions to the proverb It has not yet obtained the required approval. According to the Ministry of Defense, the company has held preliminary talks regarding the expected sale to US private investment fund…
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Ashot Ashkelon wins NIS 146m Defense Ministry order
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Ashot Ashkelon Industries Limited (level:Let’s say), controlled by FIMI Opportunity Funds, received an order worth NIS 146 million from the Israeli Ministry of Defense Procurement Department for the manufacture and supply of 1,200 hp transmissions. At the end of the third quarter of 2024, the value of Ashot Ashkelon’s backlog…
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Defense Ministry awards Elbit $130m communications deal
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The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
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Defense Ministry awards Elbit $130m communications deal
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The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
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Defense Ministry awards Elbit $130m communications deal
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The Israeli Ministry of Defense today announced the completion of a series of cumulative deals with the Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) to provide the Israeli army with advanced communications systems with a total value of approximately $130 million. The contracts include the supply of…
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Israeli defense firms beat world average in revenue growth
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The total revenues of the world’s 100 largest defense companies increased by 4.2% in 1,023 companies compared to the previous year. The list includes Israel’s three largest defense companies – Israel Aerospace Industries (IAI), Elbit Systems (TSX: ELST, Nasdaq: ELST), and Rafael Advanced Defense Systems – which saw combined revenues…