Aerospace defense

Aerospace defense

  
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1

Israel seeks higher US budget for Arrow 3

Aerospace defense
  Defense Minister Ehud Barak will raise the issue in talks in Washington tomorrow.
  Ran Dagoni, Washington 25/02/2010
 Ministry of Defense Homa Administration director Arie Herzog is in Washington for talks US participation in the Arrow anti-ballistic missile program, with a focus on the Arrow 3, in the US 2011 fiscal...
2

Future military equipment sales to Turkey in doubt

Aerospace defense
  Turkey's Undersecretariat for Defense Industries director Murad Bayar: We've learned our lesson.
  Ran Dagoni, Washington 24/02/2010
 Mutual recriminations are affecting completion of the Heron unmanned aerial vehicle (UAV) deal between Israel and Turkey. The first two Herons, built by Israel Aerospace Industries Ltd. (IAI) (TASE: ...
3

Elbit Systems wins $20m Israel Air Force trainer deal

Aerospace defense
  The company will operate and maintain the Snunit trainer for the Air Force Flight Academy.
  Globes' correspondent 22/02/2010
 Elbit Systems Ltd. (Nasdaq: ESLT ; TASE: ESLT ) has won a follow-on $20 million contract from the Ministry of Defense to continue the Snunit trainer aircraft (GROB G-120-AI) operation program for an ...
4

Turkey set for Israeli UAVs, nixes Arrow 2 missile

Aerospace defense
  "Defense News": A critical meeting between Turkey and Israel's defense ministers led to a partial reconciliation on a Heron UAV deal.
  Ran Dagoni, Washington 16/02/2010
 "Defense News" reports that Turkey's Undersecretariat for Defense Industries director Murad Bayar has announced that Ankara is ready to accept delivery of six Heron unmanned aerial vehicles (UAV) ( ...
5

US Joint Chiefs of Staff Chairman in Israel

Aerospace defense
  Admiral Michael G. Mullen will be hosted by Chief of the General Staff Gabi Ashkenazi.
  Globes' correspondent 14/02/2010
 The Israel Defense Forces (IDF) spokesperson's office said that US Chairman of the Joint Chiefs of Staff Admiral Michael G. Mullen, will visit Israel today, as part of a tour of the region. Admiral ...
6

Labor dispute declared at Israel Military Industries

Aerospace defense
  The employees are battling management's plan to cut the workforce.
  Globes correspondent 11/02/2010
 The Histadrut (General Federation of Labor in Israel) declared a labor dispute at Israel Military Industries (IMI) today, after an expedited procedure at the urgent request of IMI workers committee "...
7

Defense electronics co ITL wins two Asia deals

Aerospace defense
  One deal is for the company's Explorer night vision equipment.
  Globes' correspondent 11/02/2010
 ITL Optronics Ltd. (TASE: ITL ) has won two orders for the supply of its target acquisition and night vision equipment, from the land forces of two Asian countries. The company did not disclose the ...
8

Arotech share jumps on anticipated results announcement

Aerospace defense
  CEO Robert Ehrlich predicts $21 million revenue for the fourth quarter and $75 million revenue for 2009.
  Shiri Habib-Valdhorn 09/02/2010
 Defense products company Arotech Corporation (Nasdaq: ARTX ) yesterday announced its anticipated results for 2009. The company will publish its financial report in late March. Arotech chairman and CEO...
9

TAT unit signs landing gear contracts worth $7m

Aerospace defense
  One contract is with a regional North American operator and the other is with a European operator.
  Shiri Habib-Valdhorn 09/02/2010
 TAT Technologies Ltd. (Nasdaq: TATT ; TASE: TATTF ) subsidiary Piedmont Aviation Components Services has signed two contracts to overhaul landing gears. One contract is an exclusive contract with a ...
10

ITL buyer backs down - but wants to buy subsidiary

Aerospace defense
  Redstone Capital's revised offer is for ITL's stake in US firm Fraser Volpe.
  Globes' correspondent 08/02/2010
 Military optical equipment maker ITL Optronics Ltd. (TASE: ITL ) today notified the Tel Aviv Stock Exchange (TASE) that US private equity firm Redstone Capital Corporation has withdrawn its offer to ...

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