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24/7
Headlines
21:39
Full list of Israeli high-tech layoffs in 2026
21:36
Remitly cuts 110 jobs in Israel and closes R&D hub three years after $80 million Rewire acquisition
16:41
Rigas: "Energean needs more gas to compete, and to prevent a monopoly"
16:31
“When you raise walls around data, employees go around them”
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Israeli defense firms target Asia as Singapore Airshow opens amid regional arms race
2
Chinese fund: “The Chinese government has imposed a ban on any new investment in Israel”
3
Medtronic to acquire Israeli AI cardiology firm CathWorks for $585 million, deal could reach $1 billion
4
Cyera employees to sell tens of millions in shares at $9 billion valuation
5
Tomorrow.io raises $175 million at over $1 billion valuation to build AI-driven weather satellite network
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Defense
20 stories about Defense
Armored Car Maker Plasan Unveils Ultralight Armored Vehicle
06.05.18
|
Eyal Boguslavsky, Israel Defense
Plasan says the Yagu vehicle features a level of protection unprecedented for a such lightweight vehicle
Bolstered by Indian Deals, Israeli Arms Export Up 40% in 2017
03.05.18
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Omri Milman and Lilach Baumer
Israel has a major advantage among global arms exporters as it can often market its arms as "battle-tested"
Israel’s Defense Industries Are Its Greatest Technological Engine, Says IAI Chairman
01.05.18
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Amitay Gazit
Government-owned IAI is Israel’s largest aerospace and defense company, developing systems for air, space, sea, land, cyber, and homeland security
Israeli Defense Contractors Join Startup Innovation Program
30.04.18
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Lilach Baumer
Rafael and ELTA have joined an innovation program aiming to connect established companies and national security agencies with Israeli startups developing defense technologies
Government-Owned Israeli Aerospace Company IAI Opens Berlin Office
30.04.18
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Amitay Gazit
As defense budgets in European countries increase, IAI deepens its focus on the market, an executive at the company said
Probed Israeli Drone Maker Aeronautics Trades One Israeli General for Another
22.04.18
|
Micky Grunfeld
Former Israeli Air-Force Commander Eitan Ben Eliyahu steps down as chairman of Aeronautics, is replaced by former Israeli Navy commander Yedidya Ya'ari
Israeli Defense Contractor Elbit Opens Berlin Office
16.04.18
|
CTech
Elbit said its Berlin office will serve the company as it expands activity in Germany
Adani Group, Elbit to Set Up Hyderabad Drone Plant
15.04.18
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Tofi Stoler
As part of the joint venture, Adani and Elbit will develop, maintain and upgrade Elbit’s unmanned air vehicle systems Hermes 900 and Hermes 450
Security Contractor Magal Appoints New CEO
12.04.18
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Amarelle Wenkert
Dror Sharon is set to replace Saar Koursh, who was appointed CEO in 2015
Israeli Defense Contractor Elbit Buys U.S.-Based Universal Avionics for $120 Million
11.04.18
|
Amarelle Wenkert
Universal Avionics is a developer and manufacturer of flight management systems and cockpit technologies
Israeli Insurer Invests in Struggling Drone Maker Aeronautics
10.04.18
|
Hezi Sternlicht
Phoenix Holdings now owns a 5.18 stake in Aeronautics, whose value declined by 50% since its June 2017 IPO
India Removes Buying Restrictions on Israeli Arms Manufacturers Rafael, IAI, Report Says
08.04.18
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Hezi Sternlicht
The two Israeli defense manufacturers were placed on the “restricted procurements” list after their names surfaced in a corruption investigation involving a former Indian Defense Minister
Israeli Weapons Maker Elbit on Path to Buy U.S.-Based Universal Avionics
22.03.18
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Amarelle Wenkert
Elbit Systems received governmental approval to buy the American company. The deal is set to close in the coming weeks
Arms Race is On, Says Arms Manufacturer
21.03.18
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Hezi Sternlicht
Israel-based defense contractor Elbit has seen an 11% increase in backlog in 2017 compared to 2016, largely driven by a worldwide increase in defense budgets
Elbit to Supply Advanced Cockpit System to Boeing's Super Hornet, Report Says
06.03.18
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Ami Rojkes Dombe, Israel Defense
The Israeli defense contractor will provide advanced cockpit avionics capabilities for the Boeing F/A-18 Super Hornet fleet operated by the U.S. Navy
Israel Aerospace Industries Announces Collaboration with Aerospace Accelerator Starburst
26.02.18
|
Meir Orbach
IAI will have a role in selecting startups to participate in the Starburst acceleration program, as well as offer mentorship, technological collaboration and investment
Rafael Signs €108 Million Spike Missile Deal With the Latvian Military
14.02.18
|
Amarelle Wenkert
A 2016, $500 million Spike missile deal with India is back on the drawing board after it was retracted, then reinstated by the Indian government in January
FIMI Opportunity Funds Acquires U.S. Electronics Company Aitech for $30 Million
08.02.18
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Golan Hazani
Aitech develops and manufactures commercial and military embedded computing solutions. It lists Boeing and Lockheed Martin as customers
Israel’s “Red Sky 2” Drone Defender System Was Used for the First Time at Thai King’s Funeral
30.01.18
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Israel Defense
Developed 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
Israeli Aerospace Industries Appoints Nimrod Sheffer to Head of Strategy, Research and Development
24.01.18
|
Reut Shpigelman
The aerospace and defense company signed contracts valued at $5.5 billion in 2017
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