Category: Defense
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Defense Ministry signs NIS 2b laser defense system deal
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Director General of the Israeli Ministry of Defense, General Eyal Zamir (res.), last night signed an order worth NIS 2 billion to expand serial production of Iron Beam – the first laser interceptor system developed by Israel. As part of the agreement concluded between the Directorate of Defense Research and…
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Israeli co Spear UAV unveils suicide drone defense system
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The Tel Aviv-based company, which was founded seven years ago, is known for its unique packaging methods for launching drones. Israeli Loitering Munitions Company (suicide drones). Drone spear It unveiled the Viper I unmanned suicide defense system at the AUSA exhibition in the United States. The system can deal with…
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Israeli co Spear UAV unveils suicide drone defense system
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The Tel Aviv-based company, which was founded seven years ago, is known for its unique packaging methods for launching drones. Israeli Loitering Munitions Company (suicide drones). Drone spear It unveiled the Viper I unmanned suicide defense system at the AUSA exhibition in the United States. The system can deal with…
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US approves sale of NASAMS missile defense system to Taiwan
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The United States has approved $2 billion in arms sales to Taiwan, including the delivery of an advanced surface-to-air missile defense system to the self-ruled island, in a move sure to anger China. Taiwan’s presidential office on Saturday thanked Washington for giving the green light to potential arms sales. Under…
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Netanyahu approves interim defense recommendations
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Yesterday, Prime Minister Benjamin Netanyahu approved the interim recommendations of the Nagel Committee, headed by Brigadier General (res.) Professor Jacob Nagel, which studies the Israeli defense budget and the structure of its armed forces, and issued his instructions to move forward with their implementation. The decision came after a session…
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Netanyahu approves interim defense recommendations
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Yesterday, Prime Minister Benjamin Netanyahu approved the interim recommendations of the Nagel Committee, headed by Brigadier General (res.) Professor Jacob Nagel, which studies the Israeli defense budget and the structure of its armed forces, and issued his instructions to move forward with their implementation. The decision came after a session…
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Defense Ministry trials display drone interception solutions
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Yesterday, the Ministry of Defense conducted experiments in southern Israel in which Israeli startups and veteran defense companies demonstrated technologies and systems for intercepting drones. The trials were held following the deadly Hezbollah drone attack on an Israeli army base near Binyamina. The trials were attended by Defense Minister Yoav…
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Defense Ministry trials display drone interception solutions
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Yesterday, the Ministry of Defense conducted experiments in southern Israel in which Israeli startups and veteran defense companies demonstrated technologies and systems for intercepting drones. The trials were held following the deadly Hezbollah drone attack on an Israeli army base near Binyamina. The trials were attended by Defense Minister Yoav…
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Rafael to unveil new battlefield air defense solution
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At the Association of the United States Army’s annual meeting and exhibition scheduled to begin Monday, state-owned Israeli defense company Rafael Advanced Defense Systems will unveil unmanned air defense systems designed to provide ground forces with comprehensive protection and lethal capabilities. The solution includes a laser-based Lite Beam system and…
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Japan’s new PM supports higher corporate taxes, more defense spending
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Shigeru Ishiba, who became Japan’s new prime minister on Tuesday, is a former defense minister known for his deep knowledge of security policy. Ishiba’s push to bolster the military and call for the creation of an Asian NATO may anger Beijing, but he is cautious in his words regarding China.…
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Boeing’s space and defense chief exits in new CEO’s first executive move By Reuters
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By Joe Brock, David Shepardson, and Tim Heffer Boeing Co said Friday the head of its embattled space and defense unit will leave the company immediately, in the first management shakeup under new CEO Kelly Ortberg. Ortberg, who took over in August, said Ted Colbert will step down and Steve…
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SA Asks: Which defense stock is the best long-term investment? (NYSE:RTX)
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jetcityimage/iStock Editorial via Getty Images With geopolitical tensions showing no signs of abating in the near term, many investors are starting to rethink defense stocks. On Saturday, we asked our analysts: Which defense stock is the best short term investment right now? Question of the day He is: any Are…
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SA Asks: Which defense stock is the best short-term investment? (NYSE:RTX)
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JHVEphoto As armed conflicts in the Middle East and Ukraine continue to escalate, investors may be evaluating whether to move more money into defense stocks. Despite the escalating tensions, defense stocks have had a mixed performance this year, with several well-known names lagging the S&P. 500. Which brings us to…
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Publicly traded Israeli defense companies see boom in orders
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The war that broke out in Israel last year is just one arena of geopolitical conflict around the world in recent years. Before October 7, of course, there was the start of the war between Russia and Ukraine, as well as growing concerns in East Asia about China’s growing power.…
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Defense Ministry to procure 20,000 Israeli-made drones
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The Defense Ministry’s Defense Research and Development Directorate is preparing to issue a multi-million-shekel tender in the coming weeks to purchase 20,000 Israeli-made drones, a source close to the matter told Globes. The companies that win the tender will provide various types of drones, including attack, reconnaissance and intelligence aircraft,…
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Israeli defense firms retain high rankings in worlds top 100
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Elbit, Israel Defense Forces and Rafael once again top the Defense News 2024 rankings. Israel’s largest defense companies maintained their position in Defense News’ ranking of the top 100 global companies for 2024. The combined revenues of the world’s top 100 companies increased by 13% in 2023, after falling by…
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IAI enters $1.9b G2G agreement with Ministry of Defense
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Israel Aerospace Industries (IAI) announced this morning that it has signed an intergovernmental agreement with the Ministry of Defense to be the prime contractor for the manufacture and supply of defense systems to third parties. The total value of the project is expected to be approximately $1.9 billion. Payments to…
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Defense IT co TSG raises NIS 62m in TASE IPO
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TSG Group, which makes advanced IT systems for the defense industry, raised NIS 62 million in an initial public offering on the Tel Aviv Stock Exchange (TASE) at a valuation of NIS 462 million, post-money. TSG is equally owned by Israel Aerospace Industries and Formula Systems (TASE: FORTY) and is…
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In Defense of Bitcoin Culture
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The original article this piece responds to is: Reflections on Bitcoin Culture. Bitcoin is changing our lives. It’s an almost spiritual observation that we’ve all seen within ourselves. After getting some of it, learning how it works, and delving to varying degrees into what this decentralized, uncensorable, proof-of-work currency means,…