
Elbit’s fantastic Covid-19 year: $4.7 billion in revenues, $11 billion in new orders
24.03.21|Udi EtsionThe company’s 2020 net income rose by 4.3% to $238 million. “I’m hoping for political stability in Israel which will enable us to receive approval for our multi-year defense contract with the military, and the Ministry of Defense to pay off its debts,” says CEO Betsalel Machlis

Israeli defense companies grounded, can’t attend UAE weapons expo following court ruling
22.02.21|Udi EtsionCompanies’ booths at annual IDEX conference stand empty after a judge refused to overrule a government committee forbidding reps from traveling

Cyber, defense and water projects: Israeli companies have made billions working in the UAE
16.08.20|Golan HazaniCompanies like Logic, IAI, Elbit, and Tahal didn’t wait for official ties and have been doing business with the Gulf state for years

Elbit is Strong-Arming Suppliers Into Giving Up 5-10% Of Payment
18.05.20|Udi EtsionAccording to all the suppliers who spoke to Calcalist, they did not receive similar requests from state-owned defense contractor Israel Aerospace Industries or Rafael

Elbit Wins $65 Million Contract to Supply Search and Rescue Systems to an Unnamed Country in Asia-Pacific
14.03.18|Amarelle WenkertEarlier this week, Elbit secured a deal to buy Israeli state-owned arms manufacturer IMI for $523 million

Israeli Defense Contractor Elbit to Buy State-Owned Weapons Manufacturer IMI for $523 Million
11.03.18|Omri Milman and Golan HazaniIn January, Calcalist reported that Elbit has reached the final stages of negotiations for the acquisition. The Israeli government agreed to privatize IMI in 2013

Security Contractor Magal Buys Controlling Stake in Video Surveillance Company BAZ
14.02.18|Amarelle WenkertBAZ develops and manufactures security video observation and surveillance systems for military and civilian use

Israel’s “Red Sky 2” Drone Defender System Was Used for the First Time at Thai King’s Funeral
30.01.18|Israel DefenseDeveloped by Israeli arms manufacturer IMI Systems, Red Sky 2 was deployed to protect the participants of funeral ceremonies for the former King of Thailand Bhumibol Adulyadej in October

Elbit Wins $150 Million Contract With the Australian Department of Defence
25.01.18|Amarelle WenkertAs part of the five-year deal, Elbit will provide through-life support (TLS) services for the Australian military’s battle management system command and control

Israeli Defense Contractor Elbit Wins $85 Million Deal for Electronic Warfare Systems
18.01.18|Amarelle WenkertAs part of the four-year contract, Elbit will supply a range of advanced ground-based electronic warfare and signal intelligence systems to an unnamed European country