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Amidst economic meltdown and Gaza war, new Palestinian government faces mounting challenges
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The Midas of chips does it again with Astera Labs
14:45
There were many basic assumptions about women in the military. They didn’t hold after October 7
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Automotive cyber startup C2A Security nets long-term agreement to protect Daimler Truck
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From Yemen to Iran: Israel's new $1 billion spy plane is a war game changer
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After fleeing Iran and an illustrious career in Israeli intelligence, Sanaz Yashar raises $30M for cyber startup
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Legendary Israeli investor strikes gold again with Astera Labs
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Israeli Billionaire Hires Black Cube to Spy on Former Partner Company Vale
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Black Cube Moves into Larger, Fancier Headquarters
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Defense
20 stories about Defense
Rafael orders surge 85% to over $8 billion amid war, global arms race
27.03.24
|
Yuval Azulay
The backlog of orders for the state-owned defense company reached a record NIS 52.5 billion ($14 billion) last year. Rafael plans to hire about 2,000 new employees in the upcoming year to support a rise in production needs and accelerate development plans for new weapon systems
AI-powered monitoring startup Odysight.ai targeting Nasdaq IPO this year
04.03.24
|
Yuval Azulay
The Israeli company’s intelligent monitoring systems utilize advanced computer vision and AI capabilities to provide continuous, real-time monitoring of critical, hard-to-access aircraft components
Elbit Systems awarded $600 million contract to supply Australian army with systems for IFVs
26.02.24
|
CTech
This project aims to deliver advanced protection, fighting capabilities and a sensor suite to the Redback Infantry Fighting Vehicles (IFV) the Australian army is acquiring from South Korean company Hanwha
Israeli missiles, spy gear and drones in high demand at air show amid war
23.02.24
|
Reuters
The Israeli ministry of defense and 11 of its defense contractors attended Asia's largest aerospace and defense gathering in Singapore, including Israel Aerospace Industries (IAI), Rafael and Elbit
Elbit Systems lands $300 million contract to supply armored vehicle systems to European customer
20.02.24
|
CTech
The Israeli defense company said it will supply weapon, reconnaissance, driving, and situational awareness systems for approximately 230 armored vehicles
Japan's Itochu severs ties with Elbit amid Gaza war
05.02.24
|
Reuters
Itochu Aviation, Elbit Systems and Nippon Aircraft Supply signed a strategic cooperation memorandum of understanding (MoU) in March 2023
Israel investing hundreds of millions to counter Iran's kamikaze drones threat
02.02.24
|
Yuval Azulay
The Israeli defense establishment has initiated a large-scale emergency procurement of defense systems to counter the challenge of intercepting massive swarms of unmanned aerial vehicles that could attack Israel should an all-out war break out with Hezbollah
Israel deployed Iron Beam laser system on Gaza front, Rafael chairman reveals
20.01.24
|
CTech
Yuval Steinitz confirmed that the system has been deployed for action, but said that it has yet to have been used for interceptions
Israeli ‘all-in-one’ air defense system SPYDER intercepts UAV threats in successful test
14.01.24
|
Yuval Azulay
During the test, SPYDER was challenged by a UAV that simulated an enemy aircraft and successfully intercepted it after detecting and identifying it in advance, tracking its path, and firing a Python 5 missile that hit it accurately
Israel’s weapons orders cross $5 billion since outbreak of war
14.01.24
|
Yuval Azulay
Due to local demand, major defense companies Rafael, Israel Aerospace Industries, and Elbit Systems have delayed the supply of weapons worth over $1.5 billion to their global customers
BIRD invests $6.3 million in three homeland security projects
08.01.24
|
James Spiro
Companies include features that can detect fraud in real-time, scan for improvised explosives, and advance wildfire situational awareness
Israel perfectly positioned to spearhead a defense tech renaissance
18.12.23
|
Elihay Vidal
Israeli startups should prioritize defense tech, with TLV Partners' Yonatan Mandelbaum coining it "Patriotism as a Service." Aligned with Andreessen Horowitz's "American Dynamism," the call for innovation in defense tech is underscored by the evolving global landscape and accessible weaponry, emphasizing AI and a "Defense First" approach
Rafael to hire 2,000 amid surge in employees who want to ‘participate in war effort’
10.12.23
|
Maayan Manela
Sagit Sela-Gal, Executive VP of Human Resources for Israeli defense company Rafael, speaks about meeting demand during wartime with 20% of employees drafted into the reserves and 250 evacuated from their homes, as well as Rafael’s plans to hire 2,000 new employees in 2024 after exceeding more than NIS 40 billion in sales.
Elbit CEO: "We recruited hundreds of employees and brought back retirees due to demand and war"
28.11.23
|
Yuval Azulay
Some 2,000 of the employees of the public security company were called up to the IDF reserves due to the war in Gaza. Elbit supplied the IDF, among other things, with the "Iron Sting" precision mortar; In the third quarter, the company's net profit increased by 8.2% to $61 million
Arms manufacturers' stocks surge worldwide following Hamas attack
11.10.23
|
Amir Perger
As the Gaza conflict unfolds, arms manufacturers globally witness significant stock price gains
Air defense system sales propel Rafael to record earnings, $10.8 billion order backlog
27.08.23
|
Yuval Azulay
During the first half of the year, the company's sales increased by 28% in comparison to the first half of 2022, totaling around $1.61 billion
US Marines adding Iron Dome to arsenal, planning to buy three batteries and over 1,800 interceptors
27.08.23
|
CTech
The deal with the Marines, who tested the systems last year, could be worth hundreds of millions of dollars for Rafael
Russia-Ukraine war drives European demand for Israeli missile defense systems
07.08.23
|
Yuval Azulay
Arrow 3 and David's Sling gaining momentum with first-ever exports to Germany and Finland
Sex, lawsuits, and millions down the drain: the secrets behind Aerodrome's value destruction
05.07.23
|
Tomer Ganon
A staggering 95% plunge in value merely scratches the surface of the tumultuous events that have unfolded at this UAV manufacturer in recent years. One instance involved an employee who, while providing training in Kazakhstan, violated security protocols by bringing a local woman to his hotel room, resulting in severe damage to the company's collaboration with Elbit
We'll always have Paris: Geopolitical shakeup means big business for Israel's defense sector
26.06.23
|
Yuval Azulay
Israel Aerospace Industries, Rafael, Elbit and others showed out in full force in the Paris Air Show after a record year in which Israel exported a record $12.5 billion in defense products
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