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Serbia opens Israeli drone factory as defense ties with Elbit deepen
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“Our next milestone will be a billion-dollar valuation”: MIND triples valuation to $300 million with $72 million Series B
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The man who helped build Palo Alto’s Cortex is leaving the company
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How an Israeli engineer went from Rafael to iPhone Portrait Mode and a $300 million OpenAI exit
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Sayeret Matkal veterans raise $22 million to teach the world English with AI
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Defense

20 stories about Defense
Polymertal founder Ran Carmeli.

Polymertal cuts aerospace part weight by 60% with hybrid polymer-metal parts

19.09.26|Zachy Hennessey
The 2013-founded DeepTech manufacturer is one of 21 startups selected for ScaleUp House's inaugural cohort.
אושרי לוגסי מנכ"ל משותף של חברת אונדס החזקות

Ondas in advanced talks to acquire Israeli defense company Nirosta Zafon for $250 million

17.09.26|Golan Hazani
The U.S.-listed defense group is negotiating to buy the 250-employee manufacturer that supplies major Israeli defense companies including Elbit, IAI and Rafael.
מל"ט הרמס 900

Elbit restructures its U.S. business as American defense demand accelerates

10.09.26|CTech
The Israeli defense group is placing its 3,300-worker American operation under Twenty-Six Defense as its U.S. business expands. The move follows more than $370 million in recent contracts from Customs and Border Protection and comes as Elbit seeks to expand manufacturing capacity to meet a record $32 billion backlog.
סוללת כיפת ברזל

Rafael’s Iron Dome plant in Germany may take a new turn as Volkswagen considers exit

06.09.26|CTech
The carmaker could reportedly abandon its Osnabrück plant, opening a possible route for Rafael to establish production there through a new ownership structure.
סימולציית לחימה באתר של בגירה

Bagira shares slide as military simulation company’s backlog falls 18%

01.09.26|Almog Azar
The newly public company reported strong first-half results, but investors have focused on the decline in its order book and the concentration of growth in Europe and field training systems.
Spectro

Elbit lands $270 million contract for advanced surveillance systems

01.09.26|Allon Sinai
The undisclosed international customer will receive multispectral systems designed for intelligence gathering, target acquisition and geo-location. 
ניסוי מערכת הגנה אווירית קלע דוד

$3.5 billion Greece deal could help Israel replenish its own air defense stocks

01.09.26|Yuval Azulay
Defense officials say the increase in production needed to fulfill the agreement could expand manufacturing capacity and improve Israel’s ability to rebuild its weapons inventories.
מנהל הרכש של יוון יאניס בוראס (מימין) ומנכ"ל משרד הביטחון אמיר ברעם, במעמד החתימה בקריה

Israel and Greece sign €3 Billion air defense deal, largest in bilateral defense trade

31.08.26|Yuval Azulai
“Achilles Shield” deal, under which Rafael and Israel Aerospace Industries (IAI) will establish a multi-layered air defense network for Greece is the largest defense export agreement ever signed between Israel and Greece, and one of the largest arms deals in the country’s history
ניסוי מערכת הגנה אווירית קלע דוד

Finland quietly extends defense cooperation with Israel through 2034 despite Gaza backlash

29.08.26|CTech
A newly disclosed 10-year memorandum covers military research, development and procurement, giving Israel’s defense industry a long-term relationship with a NATO member despite growing political opposition in Finland. 
Smart Shooter

Smart Shooter backlog hits $51.6 million after surge in new orders

25.08.26|CTech
The US accounted for 55% of the new Smart Shooter contracts, followed by the Asia-Pacific region with 20%, Europe with 15%, and Israel with 10%.
הקברניט שכבות הגנה יירוט חץ טילים 10

Israel wants more Apaches, CH-53Ks and missiles. Its defense industry needs cash now

23.08.26|Yuval Azulay
The military is preparing a major procurement push while defense companies warn that several missile and artillery production lines could stop operating within weeks without funding for new orders. 
מטוסי F-35 חיל האוויר מטוס F35

Israel set to reopen 2026 budget as defense spending rises by tens of billions

19.08.26|Shlomo Teitelbaum
After months of fighting over defense funding, the government is preparing to increase spending this year while committing to further increases in 2027 and 2028.
מערכות לתכנון אופטימיזציה וניהול משימות לצבאות אונדס Ondas

Ondas raises annual forecast as executive compensation deepens losses

13.08.26|Sophie Shulman
The American-Israeli defense company expects up to $550 million in revenue this year after quarterly sales jumped 14-fold, but its acquisition and hiring spree pushed operating expenses to $199 million. 
מל"ט הרמס 900

Elbit wants lasers to become the next chapter of its defense boom

12.08.26|Yuval Azulay
CEO Bezhalel “Butzi” Machlis says the company is developing high-power laser systems for airborne platforms as Elbit accelerates production to convert unprecedented demand into revenue.
מערכת לייזר מגן אור של חברת אלביט

Elbit’s $32 billion backlog is funding its next bet on warfare: airborne lasers

11.08.26|CTech
The Israeli defense giant reported a 16% increase in second-quarter revenue to $2.3 billion and a 39% jump in operating profit as it expands production and develops a high-power laser system for helicopters and fighter aircraft.
חייל עם מערכת פגיון SMASH נשק נושא כוונת המיוצרת על ידי של חברת סמארט שוטר

Defense stocks soar as Israel’s new IPOs split into winners and losers

10.08.26|Amir Perger
DSIT and Smart Shooter have gained more than 50% since going public, while Prodalim, Urban Brand and Gabay Group have lost between 18% and 25.7%.
אינטל קריית גת

Intel’s frozen $283 million grant is headed to Israel’s defense budget

09.08.26|Meir Orbach
The government approved a broader NIS 1 billion ($333 million) transfer for urgent defense needs, redirecting money that had been tied to Intel’s planned Kiryat Gat expansion.
טיל חץ

After IAI and Rafael, secretive missile engine maker Tomer moves toward an IPO

29.07.26|Almog Azar
The company behind propulsion systems for Arrow missiles and satellite launchers is preparing for a bond offering as it takes its first steps toward the capital markets.
ביתן של קונטרופ בתערוכת יורוסטורי

Israeli defense firms restricted at Paris arms show amid political tensions

15.06.26|Yuval Azulay
Access to several pavilions blocked overnight at Eurosatory exhibition. 
משרדי אלביט מערכות בחיפה

Israel defense giant Elbit to phase out Chinese vehicles from its fleet

11.06.26|Tomer Hadar
Move follows IDF restrictions on Chinese-made cars and comes as scrutiny of Chinese automakers intensifies globally.
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