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From six-person startups to a $6.3 billion take-private: October's extraordinary month for Israeli tech exits
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Nice to lay off 500 employees as it struggles to navigate the AI transition
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After years of delays, IDF prepares to deploy Elbit’s new Ro'em artillery systems
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Israeli digital health company TailorMed acquired in $250 million deal
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ServiceNow CEO says acquired Israeli startup Sweep helps it switch CRM customers in weeks, not years
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Defense

20 stories about Defense
מערכת ראיית לילה אלביט צבא הולנד

Elbit awarded $16 million project to supply night vision goggles to UK Armed Forces

08.06.21|CTech
The new deal comes on the back of $166 million contract from the UK Ministry of Defence for the Royal Navy Future Naval Training Program
מערכת כיפת ברזל של רפאל משגרת טיל ליירוט רקטות במבצע שומר החומות

Rafael investing NIS 250 million to court employees

24.05.21|Udi Etsion
The company raised NIS 805 million from institutional investors in April and plans to use more than 25% of it to upgrade working conditions and recruit additional tech employees
כיפת ברזל עזה 13.11.18

Israel's defense industries owed NIS 1 billion by country

30.03.21|Udi Etsion
The absence of a budget and the delay in the approval of the IDF's multi-year plan are preventing the transfer of funds from the Ministry of Defense to Israel Aerospace Industries, Elbit and Rafael
בוצי מכליס נשיא ומנכ"ל אלביט 29.10.19

Elbit’s fantastic Covid-19 year: $4.7 billion in revenues, $11 billion in new orders

24.03.21|Udi Etsion
The 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
מסוק CH53K החדש בחיל האוויר

Are Israel's new $100 million helicopters allergic to dust?

04.03.21|Udi Etsion
The Ministry of Defense is planning to acquire 20 CH-53K King Stallion heavy-lift helicopters at a cost of $2.1 billion but a recent report has revealed that they suffer from degrading engine performance in sandy and dusty conditions
מיאנמר הפיכה צבאית חייל נוסע במשוריין שלפי פרסומים מיוצל על ידי חברת גאיה הישראלית

In Myanmar coup, old Israeli weapons exports are still in the picture

04.03.21|Omer Kabir
Israel halted its defense export to Myanmar in 2018, but sales made in previous years are now coming back to haunt it
מל"ט הרמס 900

Signs of Peace? Israeli companies to openly take part in Abu Dhabi weapons exhibition

27.01.21|Udi Etsion
As part of the agreement, companies from the Gulf's defense sector will also take part in Israeli exhibition in June
התעשייה האווירית ניסוי יירוט טיל MRSAM ברק 8

IAI successfully tests air and missile defense system tailored for India

05.01.21|CTech
MRSAM is an advanced path-breaking air and missile defense system that provides protection against a variety of aerial platforms
מטוס לביא

Elbit to upgrade Greek air force training aircraft in $1.68 billion deal

05.01.21|Udi Etsion
The Israeli company, under contract by the Ministry of Defense, will provide Greece with 10 M-346 Italian aircraft, upgrade existing aircraft, and build and operate a simulator center
הרחפן החדש של רפאל ו אנוויז'ן

Rafael showcases drones with AI-driven computer vision to aid urban warfare

27.12.20|Uti Etsion
The drones and robots will be able to scan and map buildings and mark people on the premises, identifying whether they are armed and help differentiate between innocent civilians and militants
הכניסה לקמפוס התעשייה האווירית 2

Israel Aerospace Industries privatization set to go ahead in first half of 2021

19.11.20|Golan Hazani and Udi Etsion
The shares of the publicly-owned company are expected to be issued at a planned valuation of NIS 12 billion
בועז לוי סמנכל תעשייה אוירית מנהל ו חטיבת מערכות טילים ו חלל

Boaz Levy wins contested race to become the next CEO of the Israel Aeronautics Industries

16.11.20|Golan Hazani
The head of the IAI's missiles and space division was named to the top job after 30 years at the company
תערוכה ביטחונית אבו דאבי IDEX 1

Israeli arms and defense companies invited to Abu Dhabi for Middle East’s largest exhibition of its kind

08.10.20|Udi Etsion
As part of the agreement, companies from the Gulf's defense sector will also take part in ISDEF 2021, which is scheduled to be held in Israel in June of next year
יריעה סולארית אפולו פאוור יריעות סולאריות אנרגיה

Solar energy company Apollo Power signs POC agreement with defense contractor Rafael

23.09.20|Lior Gutman
Rafael will pay $50,000 for tests that will examine the feasibility of integrating Apollo Power’s flexible solar panels in materials it uses for manufacturing its various defense products
אייל יוניאן משנה למנכ"ל התעשייה האווירית ועידת האמירויות

Opportunities in the Gulf: The UAE has an appetite for advanced technologies, says IAI deputy CEO

26.08.20|Meir Orbach
Eyal Younian, deputy CEO of state-owned defense contractor Israel Aerospace Industries spoke Wednesday at Calcalist’s online conference on the business potential the UAE presents for Israel
מערכת כיפת ברזל ליד אשדוד טילים מ עזה 12.11.19

U.S. version of Iron Dome air defense system nears realization following Raytheon, Rafael deal

04.08.20|Udi Etsion
The new partnership, called Raytheon RAFAEL Area Protection Systems, will take place in the U.S. and will produce both the Iron Dome Weapon System, which consists of the Tamir interceptor and launcher, and the SkyHunter missile, a U.S. derivative of Tamir
מערכת שיבוש רחפנים של חברת סקיילוק הישראלית

Israeli army examining purchase of wearable anti-drone device

03.08.20|Udi Etsion
The system, priced at $50,000, is developed by Israeli startup SKYLOCK and has already been sold to the U.S. Army and NATO forces
Ayelet Ben Arav VP Business Development Incubit Technology Ventures

Incubit nurturing deep tech startups for next generation of Elbit innovation

20.07.20|Allon Sinai
While Elbit operates in the military and defense sector its tech incubator is solely focused on startups that target civilian markets but are synergetic to the parent company’s fields of interest
מטה NSO הרצליה סייבר 1

Court rejects Amnesty International petition to withdraw NSO’s export license

13.07.20|Hagar Ravet
Judge said she is satisfied that the defense ministry’s oversight of defense exports is sufficient
נשק מתוצרת רמינגטון האמריקאית ב תערוכה ב נבדה ינואר 2018

Israeli defense exports drop by 5%, ministry to focus on G2G deals

22.06.20|Udi Etsion
Head of exports division says Covid-19 devastated global defense sector, Asia Pacific countries remain biggest buyers
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