Elbit Systems
The contract includes an initial order valued at around $17 million.
The new missile-defense system will complement Iron Dome and is set to be tested this year, according to Israel’s Defense Ministry.
Israel’s Elbit Systems wins a $35 million contract to supply remote-controlled weapons systems to the Balkan country following a historic agreement between the two countries’ defense ministries.
The Israeli defense contractor will supply the Portuguese Air Force with an electronic-warfare suite and customer-logistics support for its new KC-390 multi-mission aircraft.
European defense contractor BAE Systems will integrate the Israeli active protection system into 150 CV90 Infantry Fighting Vehicles.
The Carmel future armored vehicle will drive itself, autonomously select and prioritize targets, and control its own unmanned ground vehicles.
Elbit Systems has been awarded a $26 million contract to install a multi-sensor system to monitor the U.S.-Mexico border.
In addition to the NATO contract, Israel’s Elbit Systems has also signed a $73 million deal to provide the defense system, called “J-Music,” to the German Air Force.
The new system will reduce the number of Israel Defense Forces’ soldiers necessary to fight using artillery, and will include mobile cannons, rockets, radars, missile units, training simulators and remote-operated aircraft.
Despite its high ranking, the world’s top five militarily industrious countries—the United States, Russia, France, Germany and China—made up a collective 75 percent of all arms exports worldwide.
Amid reports the London-based international financial giant HSBC bank will divest from Israeli defense contractor Elbit, the former said that the move is due to a company policy not to invest in firms that produce cluster munitions.
In a move cheered by BDS supporters, the London-based international financial giant HSBC bank has said it will divest from Israeli defense contractor Elbit.
