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Headlines
09:22
WeWork signs $57 million deal for 10,000 square meters in Tel Aviv’s ToHa 2
09:12
Elbit signs $190 million deal to train IDF artillery crews for the next 15 years
21:53
Binance is back online after a record crypto theft. The questions are far from settled
20:53
From six-person startups to a $6.3 billion take-private: October's extraordinary month for Israeli tech exits
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From six-person startups to a $6.3 billion take-private: October's extraordinary month for Israeli tech exits
2
ServiceNow CEO says acquired Israeli startup Sweep helps it switch CRM customers in weeks, not years
3
Israeli startup Coldi is deploying AI agents to take over the cold call
4
Perion to be acquired by India’s Affle for $420 million, marking a steep fall for a once-billion-dollar Israeli company
5
"A gorgeous situation": ServiceNow's CEO celebrates a shrinking workforce
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Bezhalel Machlis
9 stories about Bezhalel Machlis
“Saudi Arabia’s defense budget would create new opportunities for Elbit”
19.11.25
|
Yuval Azulay
CEO Bezhalel Machlis says an expansion of the Abraham Accords could unlock major Gulf markets as Elbit reports record backlog and rising global demand.
Elbit Systems raises $512 million in strategic Nasdaq offering
22.05.25
|
Golan Hazani
Israel’s largest defense contractor taps public markets amid booming global demand for military tech.
Elbit Systems thrives on war-driven demand, revenue climbs to $6.8B
18.03.25
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Yuval Azulay
Israeli and international orders propel the company’s financial success.
"Imagine an F-16 pilot identifies a threat and launches a laser beam at the speed of light. This is a revolution"
30.12.24
|
Yuval Azulay
Elbit Systems CEO Bezhalel Machlis discusses the transformative potential of battlefield lasers, the challenges of scaling up production during wartime, and the global demand driving Israel's defense industry to new heights.
Elbit CEO: "France is a big competitor of ours, and its behavior is brutal and hypocritical"
20.11.24
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Yuval Azulay
Bezhalel Machlis attacked the restrictions imposed by France, whose presidential plane is secured by the Israeli SkyShield system. Elbit doubled its sales to the Israeli market in the third quarter.
Israel purchasing another $340 million-worth of ammunition from Elbit
04.08.24
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Yuval Azulay
As part of the transaction, Elbit Systems will construct a new factory for the production of armaments in the industrial area it is establishing in the Negev. The new facility is expected to open at the end of the year, and its primary production activities will be managed from there.
Israel’s Elbit accelerates work on high-power laser weapon systems as order backlog crosses record $20B
28.05.24
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Yuval Azulay
The defense company’s sales in the first quarter were approximately $1.55 billion, marking an 11% increase year-on-year. Rafael’s "Iron Beam" laser system is expected to reach maturity next year, and Elbit's El-Op company is developing a laser weapon for aircrafts
Elbit Systems reports a record $11.8 billion in orders backlog
25.05.21
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Udi Etsion
The defense company registered 4.4% growth in the first quarter of 2021 and with more massive deals already made, no wonder its CEO is “very pleased with our results”
Elbit Reports Hike in Order Backlog as Governments Increase Defense Spending
14.11.17
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Asaf Shalev
The defense electronics maker reported higher third quarter net income and more orders in its backlog