Category: ministry
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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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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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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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Defense Ministry orders five fast attack ships from Israel Shipyards
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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…
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Jump in Defense Ministry orders from Israeli startups
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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…
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Israel’s Defense Ministry sees startups as vital for war effort
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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…
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Israel’s Defense Ministry sees startups as vital for war effort
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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…
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Defense Ministry to sell homes around Israel
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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.…
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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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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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Justice Ministry mulls abolishing betterment levy
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Are we on the road to a radical change in the real estate market? Sources tell Globes that the Ministry of Justice, the National Planning Department and the National Planning and Building Council have begun promoting a comprehensive reform of the improvement tax, including studying the possibility of completely eliminating…
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Czech finance ministry submits 2025 budget draft to cut deficit by 9% By Reuters
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PRAGUE (Reuters) – The Czech finance ministry has presented a draft budget for 2025 with a 9% lower deficit to the government, saying it would bring record investment while narrowing the fiscal gap to around 2% of gross domestic product. The draft budget, presented at midnight on Saturday, projects a…
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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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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…