Category: Defense
-
Defense Ministry awards Rafael $5.2b US-funded air defense contract
•
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 –…
-
Nagel C’ttee calls for higher defense budget, avoids financing issue
•
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…
-
Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire
•
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…
-
Yuan’s Rally Versus Peers Suggests China’s Defense Can Backfire
•
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…
-
Defense, Novo and Nestle: 2024 Highs and Lows in European Stocks
•
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:…
-
Top 5 cybersecurity threats and their defense
•
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…
-
Slovakia buys IAI air defense system in 560m deal
•
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 […]…
-
Ministry of Defense yet to approve Paragon sale
•
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…
-
Ashot Ashkelon wins NIS 146m Defense Ministry order
•
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…
-
Defense Ministry awards Elbit $130m communications deal
•
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…
-
Defense Ministry awards Elbit $130m communications deal
•
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…
-
Defense Ministry awards Elbit $130m communications deal
•
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…
-
Israeli defense firms beat world average in revenue growth
•
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…
-
Defense Ministry orders five fast attack ships from Israel Shipyards
•
An impression of the Reshef-class missile ship, source: Ministry of Defence Delek Group joins the bidding for Isracard Fortinet buys Israeli point of view The new Sa’ar Reshef-class ships will be the most advanced in the Israeli Navy and are designed to give it naval superiority. The […] The post…
-
Jump in Defense Ministry orders from Israeli startups
•
During the first year of the war, between October 2023 and September 2024, the Israeli Ministry of Defense placed orders worth NIS 601 million to 86 startups and small companies — five times more than the previous year, according to Defense Ministry Directorate data. Research and Development (DDR&D) (MAFAT), offered…
-
Israel’s Defense Ministry sees startups as vital for war effort
•
The increasing security tensions in the world have put on the agenda the need for advanced technologies in the security sector. Representatives of the Defense Research and Development Directorate (DDR&D) (MAFAT), venture capital investors and entrepreneurs of the Ministry of Defense participated in a conference dedicated to startups operating in…
-
Israel’s Defense Ministry sees startups as vital for war effort
•
The increasing security tensions in the world have put on the agenda the need for advanced technologies in the security sector. Representatives of the Defense Research and Development Directorate (DDR&D) (MAFAT), venture capital investors and entrepreneurs of the Ministry of Defense participated in a conference dedicated to startups operating in…
-
Defense Ministry to sell homes around Israel
•
The Ministry of Defense published a public auction to sell 19 apartments at an estimated value of 28-30 million shekels. The Ministry of Defense published a public auction for the sale of 19 apartments across Israel that were used to meet the needs of the Israeli army and security forces.…
-
Netanyahu fires Defense Minister Yoav Gallant
•
Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Galant. Netanyahu said: “In the midst of war, more than ever, complete trust is needed between the Prime Minister and the Minister of Defense. Unfortunately, although in the first months of the war there was such trust and there was very…
-
Netanyahu fires Defense Minister Yoav Gallant
•
Israeli Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Galant. Netanyahu said: “In the midst of war, more than ever, complete trust is needed between the Prime Minister and the Minister of Defense. Unfortunately, although in the first months of the war there was such trust and there was very…