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Israeli Defense Industry
Israeli defense stocks outpace market by 400% amid war
Since October 7 war began, shares of 16 defense firms on Tel Aviv Stock Exchange jump average of 120%; despite Elbit Systems’ market cap being 3 times larger than all others combined, it recorded sector’s lowest return, tied to order backlog growth
Yaniv Rahimi
|
12.16.24
'We’re not a trendy startup of Unit 8200 veterans writing code'
Israeli firm SpearUAV secures $20 million contract to supply loitering munitions to foreign country; its compact UAVs can be mounted on APCs, tanks or even carried by soldiers, using AI to locate pre-defined targets
Navit Zomer
|
12.15.24
Israel to ease defense export rules, opening local market to new international buyers
Defense Ministry plans to grant Israeli defense firms access to dozens of new markets by repealing laws that complicate export processes, aiming to remove red tape and boost global competitiveness of Israel’s defense industry
Yuval Azulay/Calcalist
|
12.03.24
Elbit Systems sees 30% hike in sales in Q3 2024
Israeli defense firm's net profit soars to $100 million, exceeding forecasts; company attributes success to high quality of weapons systems and country's needs in war
Navit Zomer
|
11.19.24
'Macron is losing his way': Israeli companies display at Euronaval exhibition
Several Israeli companies manage to set up stalls in the prestigious arms exhibit following prolonged battle against government-issued ban overturned by French court; officials slam Macron's actions
Tamar Sebok, Paris
|
11.05.24
Israel's strikes on Iran spark interest in air-launched ballistic missiles
Air-launched ballistic missiles can strike from any direction, creating significant challenges for defense systems, expert says; unlike ground-based ballistic missiles and air-launched cruise missiles, these weapons bypass many traditional interception obstacles
Reuters
|
11.04.24
France says Israeli companies welcome at Euronaval if not involved in war
After deciding to ban Israeli companies from the world's largest naval weapons exhibition, organizers seemingly amend ban but in practice leaves Israelis out; Foreign Ministry to file suit
Itamar Eichner
|
10.20.24
IDF to outsource maintenance of tanks, APCs amid increased load
Military for the first time in history will offer tenders to security industries aiming to restore and maintain armored vehicles damaged in the war
Navit Zomer
|
10.20.24
Hezbollah targets Israel's defense industry in war
Iran-backed group set drones at critical production sites for drones and aerial defenses in the north as the range of their fire increases; some defense manufacturers move production lines out of danger
Yuval Azulay/Calcalist
|
06.25.24
Despite war, Israeli arms industry keeps smashing sales records
Israeli arms sales top $13 billion in 2023, surging for third consecutive year; sales up significantly to countries in Asia, Pacific and Europe, alongside sharp decline in sales to friendly Arab countries
Elisha Ben Kimon
|
06.17.24
In Hezbollah’s crosshairs: Israeli defense industries and Iron Dome
Terror group continues to strike weapons manufacturing plants in northern Israel; IDF bracing for war scenario where Hezbollah will prioritize attacks on defense industry facilities and air defense sites using hundreds of precision missiles and swarms of kamikaze drones
Yossi Yehoshua
|
06.13.24
Elbit tells staff to keep away from France arms expo after company banned
Israeli defense company says won't let personnel arrive at the event 'like thieves in the night' and stresses economic incentives may be behind the French ban
Navit Zomer
|
06.09.24
Israel's defense industries must be privatized, the sooner the better
Opinion: Multiple studies show companies operating significantly better post-privatization, and with the war in Gaza and the north showing no signs of slowing down, it makes privatization all the more advantageous
Yaakov Quint
|
05.23.24
Elbit Systems sells automated mortar system to first European client
Company's Crossbow Unmanned Turreted Mortar System capable of automatically firing mortar shells, lowering risk to soldiers in the field
Navit Zomer
|
05.08.24
'The Iron Sting turns statistical chance into a precise hit'
The women behind the IDF's new weapon in Gaza say it combines mortar shelling with guided missile capabilities and draws international eyes following its initial success
Anat Lev Adler
|
04.20.24
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