Category: Elbits
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Glitches for Elbit’s Hermes 900 in India and Switzerland
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A Drishti 10 Starliner UAV produced by Adani Defense and Aerospace, Adani’s defense arm, as an indigenous copy of Elbit Systems’ Hermes 900 crashed off the Porbandar coast in Gujarat, not far from India’s border with Pakistan, Hindustan Times reports. The UAV, a medium-endurance, long-endurance (male) aircraft, entered service with…
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Elbit’s share price hits record high
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When war broke out between Russia and Ukraine in early 2022, the Israeli defense electronics company’s stock price soared Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) rose amid expectations of an increase in European defense budgets. Less than two years later, war broke out in Israel, but Elbit’s stock price continued…