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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
בוצי מכליס נשיא ומנכ"ל אלביט 29.10.19

U.S. Air Force Awards Elbit $472 Million Contract for F-16 Infrared Missile Warning System

08.03.20|Udi Etsion
Elbit’s system, already in use by the Israeli airforce, can detect a missile launched at an aircraft and alert the pilot to engage in evasive maneuvers
רן גוזלי Ran Gozali

Ran Gozali | Rafael, Head of Land and Naval Systems Division

21.01.20|CTech
Israeli defense contractor Rafael has appointed Ran Gozali as head of its land and naval systems division
ועידת התחזיות 31.12.19 הראל לוקר יו"ר תעשייה אווירית

The Defense Industry Is the Foundation for the Startup Nation, Says IAI Chairman

31.12.19|Avior Abou
Harel Locker spoke at Calcalist’s Forecasts 2020 conference held Tuesday in Tel Aviv
פראג צ'כיה שוק כריסמס חג המולד

Czech Republic Acquires Iron Dome Radars for $125 Million

05.12.19|Adi Pick
Currently, 100 such Iron Dome radar systems have been acquired worldwide, according to manufacturer Israel Aerospace Industries and its subsidiary ELTA Systems
ועידת Mind the tech TLV אלעד אהרונסון מנכ"ל חטיבת האויר והמודיעין אלביט

Drones Are No Longer Enough for Military Operations, Says Elbit Exec

26.11.19|Orna Yefet
Elad Aharonson, general manager of Israeli defense contractor Elbit Systems, spoke Monday at Calcalist’s Mind the Tech conference in Tel Aviv
ועידת Mind the tech TLV בועז לוי סמנכ"ל התעשייה האווירית ומנהל חטיבת מערכות טילים ו חלל

The Lone Soldier Has Become a Major Factor in Today’s Battlefield, Says IAI VP

25.11.19|Naomi Zoref
Boaz Levy, general manager and executive vice president of Israel Aerospace Industries’ systems, missiles, and space group, spoke Monday at Calcalist’s Mind the Tech conference in Tel Aviv
מערכת כיפת ברזל ליד אשדוד טילים מ עזה 12.11.19

$100M Facts About the Iron Dome

12.11.19|Nitzan Sadan and Adi Pick
Discover the best facts about the Iron Dome with CTech. Learn more about Israeli famous anti-missile defense system, who invented it, and how does it work
תמונות ממפעל כנפית

Rafael Buys 50% Stake in Aerospace Engineering Company Kanfit

10.09.19|Golan Hazani
Rafael recently acquired a 50% stake in Israeli drone maker Aeronautics. Kanfit is considered a leading global supplier for UAV components
מטוס ללא טייס אירונאוטיקס

Israeli Regulator Signs Off on Rafael-Aeronautics Deal

04.08.19|Golan Hazani
The acquisition of the Israeli drone maker by defense contractor Rafael and partner Avihai Stolero was approved by Rafael's board in April, but Israel's Government Companies Authority had concerns regarding the ownership split between the partners and the high valuation given to the struggling company
נמרוד שפר מנכל התעשייה האווירית

Israeli Defense Contractor IAI to Lay Off Hundreds of Employees

22.07.19|Amitay Gazit
A previous agreement with the workers’ union, which expires in August, saw the state-owned company lay off 830 people and cut pay by 4%
דומינייטור של אירונאוטיקס aeronautics Dominator

Aeronautics-Rafael Deal Jammed by Regulatory Concerns

08.07.19|Golan Hazani
The acquisition of Israeli drone maker Aeronautics by defense contractor Rafael and partner Stolero was approved by Rafael's board in April, but concerns have been raised about the high valuation given to Aeronautics and the proposed ownership structure
טיסה ראשונה של מטוס ה אדיר F35

Lockheed Martin Lands $42 Million Contract to Operate Israeli Air Force F-35 Training Center

11.06.19|Adi Pick
As part of the agreement, the company will recruit around twenty-five new employees from the country’s southern region
רן גוזלי סמנכ"ל פיתוח ב רפאל

Rafael to Inaugurate Be’er Sheva R&D Center Tuesday

27.05.19|Udi Etsion
First announced in 2017, the new center will focus on ground and airborne autonomous systems as well as cybersecurity
ועידת התחזיות 2019 בצלאל מכליס נשיא ו מנכ"ל אלביט

Elbit, Finland’s DA-Group Partner to Manufacture and Market Secure GPS System

29.04.19|CTech
Called iSNS, the system is compatible with land, sea, and airborne applications and can be installed as an add-on kit
ועידת התחזיות 2019 בצלאל מכליס נשיא ו מנכ"ל אלביט

Elbit to Acquire Harris' Night Vision Business for $350 Million

07.04.19|Golan Hazani
The Nasdaq and Tel Aviv-listed defense contractor completed its $484 million acquisition of Israel-owned arms manufacturer IMI in November
מצלמות חכמות ב שדרות

Defense Ministry Suspends Export License of Interception Company Ability Subsidiaries

27.03.19|Adi Pick
The defense ministry suspended the export and marketing licenses of the two companies due to “violations of the defense export control law”
המל"ט דומינייטור של אירונאוטיקס

Israel’s Bank Leumi Sells Aeronautics Stake to Aaron Frenkel for $11.5 Million

14.02.19|Golan Hazani
Aeronautics gained over 60% on the exchange since Frenkel started buying its stock in December
דומינייטור של אירונאוטיקס aeronautics Dominator

Israel Reinstitutes Export License of Probed Drone Maker Aeronautics

04.02.19|Lilach Baumer
In 2017, the Ministry of Defense halted Aeronautics' license to export a loiter munition UAV system to an unnamed client
המל"ט דומינייטור של אירונאוטיקס

Israel’s Ministry of Defense Set to Pose Sanctions on Aeronautics CEO

27.01.19|Golan Hazani
The Israeli drone maker and several of its executives have been under investigation for violations of the Israeli defense export controls law and for insider trading since 2017
עמדת נשק ימית של אלביט

Elbit Systems Awarded $333 Million Ammunition Contract from the Israeli Ministry of Defense

06.01.19|Hezi Sternlicht
The Nasdaq and Tel Aviv-listed defense contractor recently completed the acquisition of Israeli government-owned weapons maker IMI
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