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
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
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
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
14.03.18|Amarelle WenkertEarlier this week, Elbit secured a deal to buy Israeli state-owned arms 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
14.02.18|Amarelle WenkertBAZ develops and manufactures security video observation and surveillance systems for military and civilian use
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
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
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