Elbit Systems and IAI See Boosted Sales Amid Ongoing Conflict
DefenseNews : Elbit Systems and Israel Aerospace Industries (IAI), two leading defense companies in Israel, have reported significant increases in sales and contracts amidst heightened conflict in the region. The surge reflects growing global demand for advanced defense systems and military equipment, driven by geopolitical tensions and security needs. 1. Elbit Systems' Milestones Elbit Systems, known for its diverse portfolio ranging from artillery systems to drone technologies, has experienced a robust uptick in orders. Recent contracts …
Singapore, Israeli firms team to develop new ship-killing missile
MELBOURNE, Australia — Singapore’s ST Engineering believes that a new joint venture with Israel Aerospace Industries, to market and sell advanced naval missile systems, will leverage both companies’ strengths and track records to address a growing demand for guided munitions. The joint venture, announced in mid-July, is called Proteus Advanced Systems, with ST Engineering’s land systems arm and IAI each having a 50 percent share. According to the news release announcing the joint venture, the new entity will “market and sell advanced nava…
Posts
.jpg)
Social Plugin