Aerospace defense

Aerospace defense

  
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1

Joseph Weiss named IAI CEO

Aerospace defense
  The nomination is pending the approval of the ministers of defense and of finance.
  Globes correspondent 03/05/2012
 Israel Aerospace Industries' (IAI) board of directors, chaired by Dov Baharav, has elected Joseph Weiss as president and CEO of IAI, to replace Itzhak Nissan. Weiss’s nomination is pending approval by...
2

US legislators want a piece of Iron Dome

Aerospace defense
  A House subcommittee is conditioning funding for the rocket interceptor on "appropriate rights", and co-production.
  Ran Dagoni, Washington 30/04/2012
 Last week, the Strategic Forces Subcommittee of the US House of Representatives Armed Services Committee decided to allocate a further $680 million for the purchase by the IDF of additional batteries...
3

Barak: Iran a bigger threat than Egypt

Aerospace defense
  Talking to "Globes," Defense Minister Ehud Barak contradicted Foreign Minister Avigdor Liberman's view on regional threats.
  Lilach Weissman 24/04/2012
 In an Independence Day interview with "Globes," Minister of Defense Ehud Barak said that Egypt's decision to cancel the gas supply agreement with Israel must bring about the speeding up of the gas He...
4

43 defense cos suspected of breaching export licenses

Aerospace defense
  The Ministry of Defense awarded over 8,000 export licenses to Israeli defense companies last year.
  Yuval Azulai 18/04/2012
 In 2011, the Defense Exports Control Department (API) of the Ministry of Defense awarded over 8,000 licenses to Israeli companies for exporting components, systems, and weapons. These licenses allowed...
5

India fines IMI $70m for alleged bribery

Aerospace defense
  India's Ministry of Defense seized a $70 million bank guarantee from Israel Military Industries.
  Globes' correspondent 17/04/2012
 For the first time, India's Ministry of Defense has fined a defense company for alleged breach of an integrity agreement in an arms contract: the ministry seized a $70 million bank guarantee of Israel...
6

IMI completes development of new tank shell

Aerospace defense
  Israel Military Industries M339 shell can penetrate reinforced structures and explode inside, destroying targets.
  Yuval Azulai 17/04/2012
 Israel Military Industries Ltd. (IMI) has completed development of a new tank shell, the M339 which can penetrate reinforced structures and explode inside, destroying targets. The new shell will The "...
7

Aryt wins NIS 11m in artillery fuses orders

Aerospace defense
  The orders boost the company's backlog to NIS 42 million.
  Globes' correspondent 15/04/2012
 Aryt Industries Ltd. (TASE: ARYT ) today announced that subsidiary Reshef Technologies Ltd. has signed contracts worth NIS 11 million for the delivery of artillery fuses during 2012-13. The new orders...
8

Rafael buys 40% stake in Brazilian aerospace co

Aerospace defense
  The acquisition of GESPI Aeronautics will deepen Rafael's presence in Brazil's homeland security and defense market.
  Globes' correspondent 11/04/2012
 Rafael Advanced Defense Systems Ltd. has announced the acquisition of a 40% stake in the Brazilian aerospace company GESPI Aeronautics. The acquisition will deepen the Israeli government owned defense...
9

Shikun u'Binui, G4S secure NIS 725m financing for Policity

Aerospace defense
  The NIS 2 billion Israel Police training base in Beit Shemesh will serve all police units.
  Globes' correspondent 05/04/2012
 Shikun u'Binui Holdings Ltd. (TASE: SKBN ) and G4S Israel Ltd. (Hashmira Group) have secured NIS 725 million in financing to build Policity - the Israel Police training base in Beit Shemesh. Israel (...
10

Minrav, Defense Ministry sign Training City contract

Aerospace defense
  The NIS 8.5 billion contract for the IDF Training Base City is the largest ever shekel contract in the Defense Ministry's history.
  Globes' correspondent 05/04/2012
 Ministry of Defense director general Uri Shani and Minrav Holdings Ltd. (TASE: MNRV ) executives today signed the NIS 8.5 billion contract to build and operate the IDF Training Base City in the Negev....

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