Category: Wins
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Elbit wins $60m European counter drone deal
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The modular, multi-sensor, multi-mission ReDrone system is part of Elbit’s advanced EW, Radars and SIGINT portfolio. Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) has been awarded a contract worth approximately $60 million to supply its layered counter-unmanned aerial systems (C-UAS) to a NATO country. The contract will…
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Elbit wins German army PULS artillery system tender – report
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The German military continues its extensive defense procurement in Israel and has selected PULS rocket artillery systems manufactured by Elbit Systems, after intense competition from an American competitor, Defense News reported this week. According to the report, the German Parliament has approved the first tranche of €65 million for the…
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Edeltech wins Sorek power station BOT tender
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The Edeltech-Menorah consortium won the BOT tender to finance, build, operate and maintain the power plant for 25 years. The Inter-Ministerial Tender Committee awarded the BOT tender for financing, construction, operation and maintenance of the Sorek Power Plant for electricity production for 25 years to the consortium of Edeltech Group…
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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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Elbit Systems wins $175m orders from European NATO country
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Elbit Systems (TSX: ESLT, Nasdaq: ESLT) announced today that it has won two contracts worth a total of $175 million (NIS 620 million) to supply EW (electronic warfare) and DIRCM (directed infrared countermeasures) self-protection systems. Wings of a European country in NATO. The contracts will be implemented over a period…
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ISC’s Technology Solutions Segment Wins Liechtenstein Contract to Deliver a Digital Commercial Registry System
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on November 28, 2024 • 3 minutes…
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ISC’s Technology Solutions Segment Wins Liechtenstein Contract to Deliver a Digital Commercial Registry System
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on November 28, 2024 • 3 minutes…
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Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant
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Rivian (RIVN) announced late Thursday night that it has received a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital situation. The loan, part of the Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) program, will support construction of Rivian’s upcoming assembly…
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Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant
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Rivian (RIVN) announced late Thursday night that it has received a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital situation. The loan, part of the Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) program, will support construction of Rivian’s upcoming assembly…
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Anthony Scaramucci warns of impact on UK trade as trump wins US election
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Anthony Scaramucci, former White House communications director and co-host of The Rest is Politics US, has expressed concerns about the ramifications of Donald Trump’s recent election win on UK-US trade relations. Speaking exclusively to Business Matters, Scaramucci spoke about the potential challenges British small and medium-sized businesses may face under…
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Elbit Systems wins $127m follow-on APS order for US Army
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The order from General Dynamics Ordnance and Tactical Systems is for the supply of the Iron Fist active protection system for Bradley M2A4E1 infantry fighting vehicles. Elbit Systems (TSX: ESLT, Nasdaq: ESLT) has been awarded a follow-on contract worth approximately $127 million to supply… Iron fist active protection systems (APS)…
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Nairobi county staff wins in EACC Sh643m asset forfeiture bid
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The High Court has dismissed a case brought by the anti-graft body seeking the confiscation of over Sh643 million in assets and funds belonging to Wilson Nashun Kanani, a Nairobi County employee and co-director of the 1824 Popular Club on Langata Road. Judge Nixon Sifuna said that Al-Kanani and his…
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5 stocks to buy if Harris wins the election—and 5 to sell
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The stock market rose to Record levels Since Kamala Harris I entered The presidential race is in July. Will the good feelings continue if she wins the White House? The answer may vary from sector to sector. luck It polled analysts and academics about what stocks could rise after a…
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Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor
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This article is also available in Spanish. According to JP Morgan analysts, the victory of US Republican presidential candidate Donald Trump could increase Bitcoin (BTC) price momentum. Retail Investors Turn to Bitcoin for ‘Depreciation Trade’ Recently Customer noteAnalysts at JP Morgan suggested that a Trump win could provide “additional upside”…
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KRA wins Sh122m tax fight with KTDA’s Dubai unit
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A UAE-based tea trading company owned by Chai Trading Company (CTCL), a wholly-owned subsidiary of giant Kenya Tea Development Agency (KTDA) Holdings Ltd, has lost a battle to prevent a Sh122.67 million levy. Claim from Kenya Revenue Authority (KRA). The Tax Appeal Tribunal (TAT) said KRA was justified in seeking…
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Mozambique’s Ruling Party Wins Vote Tainted by Fraud Claims
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Breadcrumb links BMN Business The candidate of Mozambique’s ruling party has been declared the winner of the presidential election, as tensions over fraud allegations have put the southeast African nation on edge and sent its bonds plummeting. Article writer: Bloomberg News Matthew Hale and Borges Namier Published on October 24,…
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Mozambique’s Ruling Party Wins Vote Tainted by Fraud Claims
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Breadcrumb links BMN Business The candidate of Mozambique’s ruling party has been declared the winner of the presidential election, as tensions over fraud allegations have put the southeast African nation on edge and sent its bonds plummeting. Article writer: Bloomberg News Matthew Hale and Borges Namier Published on October 24,…
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Dutch brewer wins tussle with Kenyan distributor
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The Court of Appeal has dismissed an appeal by Jovet (Kenya) Limited in a long-running legal dispute with a Dutch brewer, Bavaria NV, over a terminated distribution agreement. The decision upholds a previous ruling issued by the Supreme Court, which ruled that there was no valid contractual relationship between the…
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What’s the Best “Magnificent Seven” Stock to Buy if Trump Wins in November?
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Only once in US history has a former president who lost re-election after his first term been able to become president again. The last time this happened was in 1892 when Grover Cleveland became the first — and so far only — president to be elected to two non-consecutive terms.…