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mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
U.S. company Boeing and Israel's Elbit Systems plan to offer Elbit's Directed Infrared Counter Measure systems on Boeing military aircraft.
Unmanned aerial systems are to be supplied to a European entity by Israel's Elbit Systems Ltd., the company announced.
Israel's Ministry of Defense has contracted Elbit Systems Ltd. to supply and upgrade communications equipment for the Israeli military.
Israel's Elbit Systems Ltd., announced it has received a $56 million contract to upgrade an Asian country's tank force.
Embraer has contracted Elbit Systems Ltd. for avionics technologies in support of an aircraft upgrade initiative from the Brazilian air force.
The Israeli air force has received a new flight training simulator for the F-16I Sufa fighter aircraft under a contract with Israel-based Elbit Systems Ltd.
The past year has seen report after financial report of increased earnings for the Israeli security industry.
Two of Israel's biggest defense companies released positive financial results this week, continuing the upward trend for the Israeli security market.
Israel-based Elbit Systems Ltd. announced it has received the annual Israel Defense Prize for two military system developments.
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