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☆ Hezbollah may have enough missiles to breach Israel's Iron Dome. But doing so could trigger its destruction.
▼ + stars: | 2024-09-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

That may be enough to overwhelm Israel's Iron Dome air defense system and inflict huge damage on the country's cities and infrastructure, experts say. Two unnamed US officials told the publication that Israel believes the Iron Dome could be vulnerable, particularly in the north. The Iron Dome is one of the most advanced defense systems in operation today. Each battery consists of three to four launchers carrying dozens of Tamir interceptor missiles and a sensitive radar, US military Iron Dome contractor Raytheon Technologies said. AdvertisementIsrael's Iron Dome repelled a barrage of rockets from Hezbollah.

Persons: —, William Wechsler, JALAA, Wechsler, Israel, Tamir, It's, " Wechsler Organizations: Service, Hezbollah, Business, Center for Strategic, International Studies, Israel's, Middle, The Atlantic Council, Israel Defense Forces, CNN, IDF, Iron Dome, Raytheon Technologies Locations: Israel, Lebanon, Iran, Gaza, Israel's, Beirut, Tehran, Anadolu, United States, Tel Aviv

☆ Can Israel's Iron Dome be overrun? System's capabilities in focus amid rising risk of war with Hezbollah
▼ + stars: | 2024-07-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Israel's Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from Ashkelon, in southern Israel, October 20, 2023. It has a success rate of around 90%, according to the Israel Defense Forces. An Iron Dome launcher fires an interceptor missile as rockets are fired from Gaza, in Ashkelon, Israel May 10, 2023. Amir Cohen | ReutersThe Iron Dome also intercepts around 90% of the near-daily rocket attacks from Hamas and other militant groups in Gaza, the IDF claims. Hamas' rockets and missiles, by comparison, are estimated to number in the tens of thousands.

Persons: Amir Cohen, Israel —, Rafael, —, Miri Eisin, Eisin, credibly, Victor Tricaud, Tricaud, Wissam tawil Organizations: Reuters, U.S, Palestinian, Hamas, Israel Defense Forces, Defense Ministry, Rafael Advanced Defense Systems, Hezbollah, International Institute for Counterterrorism, Tel, CNBC, Israel's Reichman, Iranian, Getty Locations: Gaza, Ashkelon, Israel, Iran, Lebanese, Lebanon, Washington, Tel Aviv, Hamas, Iranian, Khirbit

☆ Russian arms manufacturers are 'scrambling to expand their production capabilities using whatever they can get,' expert says
▼ + stars: | 2024-06-19 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia is rushing to expand its arms production by buying secondhand machine tools from China through covert networks to get around Western sanctions. A report from Washington-based nonprofit think-tank The Center for Advanced Defense Studies, or C4ADS, said that Russia's arms manufacturers were "scrambling to expand their production capabilities using whatever they can get." And Russian defense industry analyst and lead researcher Allen Maggard told the Financial Times that the decades-old machine tools Russia is importing are still effective. AdvertisementGlenn Gray, the president of Gray Machinery, told the FT he'd never heard of the company.

Persons: —, Allen Maggard, Andrey Mironov, Glenn Gray, Tsugami, hasn't, C4ADS, UMIC —, ELE Organizations: Service, Advanced Defense, Business, Financial Times, Kremlin, AMG, ELE Technology, Gray Machinery Locations: Russia, China, Washington, Ukraine, UAE, Russian

☆ Shadowy middlemen are giving Russia access to old Western tech left over in countries like China and Turkey
▼ + stars: | 2024-06-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Russia is securing second-hand production tech sought after by its defense industry, a think tank reported. Opaque firms in countries such as Turkey and China are helping deliver it to Russian contractors. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDespite the West's campaign to cut Moscow's war economy off from needed equipment, a network of obscure firms are helping Russia secure essential technology, a think tank reported.

Persons: — Organizations: Service, Center for Advanced Defense Studies, Kremlin, Business Locations: Russia, Turkey, China, South Korea

☆ Zelensky Said the U.S. Should Do More to Help Ukraine
▼ + stars: | 2024-05-21 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

In a wide-ranging interview with three of my colleagues, President Volodymyr Zelensky of Ukraine said the U.S. and its European allies should be doing more to support his country in its fight against Russia. He specifically proposed that NATO planes begin shooting down Russian missiles over Ukraine. Are you shooting down Russian planes and killing Russian pilots? There is no such issue.”Over nearly an hour, Zelensky spoke with frustration and bewilderment at the West’s reluctance to take bolder steps to ensure that Ukraine prevails. Zelensky insisted that the only way to defend against such assaults would be to use Western weapons to strike at military targets inside Russia.

Persons: Volodymyr Zelensky, “, ” Zelensky, Zelensky, bewilderment Organizations: Russia, NATO, Russian, U.S Locations: Ukraine, U.S, Russia, Ukraine’s

☆ Behind the curtain of the global arms trade
▼ + stars: | 2024-05-14 | by ( Momo Takahashi | ) www.businessinsider.com time to read: +7 min

In his new book, "Nothing Personal: The Back Office of War," photographer Nikita Teryoshin lifts the veil on the global arms trade, capturing defense exhibitions worldwide. Closed to the public, his series offers a rare inside look into the lucrative global arms industry. Guests, politicians, and traders watch a live demonstration of warfare at the International Defense Exhibition in Abu Dhabi. After the construction and the oil and gas sectors, the global arms trade is one of the most corruption-prone sectors in the world, according to Transparency International. By contrast, the international trade of bananas is more tightly regulated than the arms trade, according to the introductory note of the United Nations Arms Trade Treaty.

Persons: Nikita Teryoshin, Teryoshin, Rafael, KAI, Lockheed Martin Organizations: Business, International Defense, Bofors, International Defense Industry, International Defense Exhibition, Rafael Advanced Defense Systems, United Nations Arms, Black Eagles, Nikita, Kalashnikov, Lockheed Locations: East, Ukraine, France, Paris, United States, China, Abu Dhabi, Russia, India, Poland, UAE, Saudi Arabia, Peruvian, Lima , Peru, Korean, Seoul

☆ See inside Marine One, the soundproof presidential helicopter that can seat 14 people and deploy anti-missile defenses
▼ + stars: | 2024-04-27 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Presidents travel in helicopters that are called Marine One when carrying the president. The aircraft feature extensive security measures and spacious, soundproof interiors. Marine One often picks up the president from the South Lawn of the White House for shorter trips. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS presidents travel in style with secure, state-of-the-art vehicles such as Air Force One and the bulletproof presidential limousine known as "The Beast."

Persons: — Organizations: White, Service, Air Force, Business

☆ How Israel and allied defenses intercepted more than 300 Iranian missiles and drones
▼ + stars: | 2024-04-14 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

Israel’s military said Sunday that “99%” of projectiles fired by Iran were intercepted by Israel and its partners, with only “a small number” of ballistic missiles reaching Israel. In total, around 170 drones, more than 30 cruise missiles and more than 120 ballistic missiles were launched at Israel by Iran overnight Saturday, the military said. US officials said more than 70 drones and three ballistic missiles were intercepted by US Navy ships and military aircraft, without giving details of exactly what defenses were used to bring down the projectiles. The Iron Dome is the bottom layer of Israel’s missile defense, according to the country’s Missile Defense Organization (IMDO). The ballistic missiles that did reach Israel fell on the Netavim Air Base in southern Israel, Israel’s military spokesman said, adding that they caused only light structural damage.

Persons: Joe Biden, Benjamin Netanyahu, ”, John Bolton, CNN’s Oren Liebermann, Biden, ” Biden, Menahem Kahana, Israel’s Rafael, CNN’s Irene Nasser, Eugenia Yosef, Benjamin Brown Organizations: CNN, Saturday, Israeli, Israel, US Navy, Aegis, Pentagon, Royal Air Force, Defense, US, country’s Missile Defense Organization, Getty, Defense System, Raytheon, Missile, Center for International, Strategic Studies, CSIS, Missile Defense Advocacy Alliance, Netavim, Base, Israeli Air Force Locations: Iran, Israel, Britain, Israeli, France, Gaza, Sderot, AFP, United States, Iraq, Yemen

☆ An Israeli warship shot down an enemy threat in the Red Sea with a new air-defense weapon for the first time
▼ + stars: | 2024-04-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

The C-Dome is the naval version of the Iron Dome and is outfitted on the Sa'ar 6-class corvette. AdvertisementAn Israeli warship shot down an enemy drone this week by firing a new naval air-defense weapon, marking the system's first-ever operational interception. It hailed the engagement as the "first operational interception" by the warship's C-Dome defense system. "The Israeli Navy is deployed in the area of the Red Sea and has both the defensive and offensive capabilities to engage with regional threats." Toward the other end of the Red Sea, meanwhile, US and allied warships have been defending key international shipping lanes from relentless Houthi attacks since November.

Persons: —, Tamir —, Rafael, Israel's Organizations: IDF, Service, Israel Defense Forces, IAF Aerial Control Unit, Screengrab, Rafael Advanced Defense Systems, Israeli Navy Locations: Israeli, Eilat, Gaza, Iran, Red, Yemen

☆ Putin gifts car to Kim Jong Un in sign of ‘special personal relations,’ North Korean state media reports
▼ + stars: | 2024-02-20 | by ( Yoonjung Seo | Jessie Yeung | ) edition.cnn.com time to read: +3 min

The Russian-made car for Kim’s personal use was delivered Sunday by a Russian delegation, the state-run Korean Central News Agency (KCNA) reported. Kremlin spokesperson Dmitry Peskov told Russian state news agency TASS the car was an Aurus, the luxury automaker founded in 2018 to produce Russia’s official state cars. In January, high-ranking North Korean and Russian diplomats met in Moscow in advance of what North Korean state media says is a forthcoming visit to Pyongyang by Putin — his first in more than 20 years. The North Korean leader is often seen being chauffeured in what’s believed to be a Mercedes-Maybach Pullman Guard armored limousine, worth upwards of $1 million. During Kim’s visit to Russia last September, Putin showed his Aurus limousine to the North Korean leader.

Persons: Vladimir Putin, Kim Jong Un, Dmitry Peskov, –, Kim Yo Jong, Putin, Putin —, Kim, “, ”, what’s, Royce, Donald Trump Organizations: South Korea CNN —, Korean, Korean Central News Agency, TASS, Pyongyang, CNN, Putin, North, Maybach Pullman Guard, Maybach S600 Guard, Washington -, Advanced Defense Locations: Seoul, South Korea, United States, Russian, North Korea, Russia, Moscow, Pyongyang, Ukraine, Netherlands, Washington, Singapore

☆ Israel's pavilion at the Dubai Airshow sits empty against backdrop of Gaza war
▼ + stars: | 2023-11-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

DUBAI, United Arab Emirates — Amid the bustle and footfall of thousands of visitors and exhibitors at the 2023 Dubai Airshow, one pavilion is notably empty: that of Israel. Two years later, and one month into Israel's war against Hamas in the Gaza Strip, the scene is unrecognizable. On the show's first day, the IAI pavilion was surrounded by a red cordon, which was removed by the second day. IAI and Elbit Systems did not reply to an emailed CNBC request for comment. CNBC contacted two representatives of Israeli defense firms that attended the airshow in 2021; they said they did not attend this year's show because they had been drafted into the country's military.

Persons: Abraham, Emiratis, Rafael, SIBAT Organizations: United Arab Emirates, Abraham Accords, United Arab, Hamas, Israel Aerospace Industries, Elbit Systems, Rafael Advanced Defense Systems Ltd, IAI, CNBC, Israel's International Defense Cooperation Directorate, Defense Locations: DUBAI, United Arab, Dubai, Israel, United Arab Emirates, Gulf, Gaza

Emirates is a heavyweight when it comes to East-West travel out of Dubai International Airport, the world's busiest for international travel. In March, the airline announced an order of up to 72 Boeing 787-9 Dreamliner jetliners and has further plans to expand. Other purchases Tuesday included:— Emirates announced $1.2 billion in deals with French firm Safran, including for seats. — Emirates announced plans for a $950 million maintenance facility at Al Maktoum International Airport, the city-state's second airfield. — Boeing and SCAT Airlines of Kazakhstan announced the airline would purchase seven Boeing 737 MAX aircraft.

Persons: —, Tim Clark's, FlyDubai, Clark, ” Clark, — Rafael, ”, they’ve, “, Mesfin Tasew, Safran, — EgyptAir Organizations: United Arab Emirates, Emirates, Airbus, Royce, Dubai Air, Boeing Co, Boeing, Ethiopian Airlines, Al Maktoum International Airport, Rolls Royce, Associated Press . Emirates, Dubai International Airport, Ben Gurion International, Defense Systems Ltd, Israel Aerospace Industries, IAI, Courage Meets Technology, Riyadh Air, Dubai, United Nations, Aviation, SAF, Ethiopian, Boeing MAX, MAX, — Emirates, Al, Airlines Locations: DUBAI, United Arab, Al Maktoum, East, West, Dubai, Israel, Gaza, Emirates, Tel Aviv, Riyadh, Saudi, Saudi Arabia, Sydney, Australia, Addis Ababa, Kazakhstan

☆ Boeing wins orders worth $52 billion from Emirates at the Dubai Air Show
▼ + stars: | 2023-11-14 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Emirates announced an order worth $52 million that includes 90 Boeing 777s at the Dubai Air Show . The orders marked a significant win for Boeing on the first day of the air show. AdvertisementAdvertisementDUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates opened the Dubai Air Show Monday with a $52 billion purchase of Boeing aircraft, showing how aviation has bounced back after the groundings of the coronavirus pandemic, even as Israel's war with Hamas clouds regional security. Emirates, a main economic engine for Dubai amid its booming real estate market, announced record half-year profits of $2.7 billion Thursday. The deal includes 28 Boeing 737-8s and 17 Boeing 737-10s models, as well as the opportunity for another 45 Boeing 737 MAX aircraft.

Persons: —, Sheikh Hamad bin Mohammed Al Maktoum, Sheikh Ahmed bin Saeed Al Maktoum, Sheikh Saeed, Stan Deal, — Rafael, Israel Aerospace Industries —, Rafael, Khalifa Hifter Organizations: Emirates, Boeing, Dubai Air, Service, United Arab Emirates, Investment Corporation of Dubai, Al, Dubai World, Dubai International Airport, U.S . Air Force, Defense Systems, Israel Aerospace Industries, IAI, Meets Technology, Russian Helicopters, U.S, Roscosmos, Russian Knights, Associated Press, Libyan National Army, AP, United, Haqqani, Airbus, International Air Transport Association ., . Emirates, Riyadh Air, Turkish Airlines, Anadolu, Lufthansa, MAX, Royal Jordanian, Royal Air Maroc Locations: DUBAI, United Arab, Dubai, Sheikh, Emirates, Israel, Ukraine, Iran, UAE, Abu Dhabi, Russian, Afghan, Al, Riyadh, Saudi, Latvia, France

[1/2] Boeing Commercial Airplanes CEO Stanley Deal poses with Emirates airline COO Adel Al Redha and flyDubai CEO Ghaith Al Ghaith after Emirates airline and flyDubai placed orders at the Dubai Airshow for new aircraft from Boeing, in Dubai, United Arab Emirates, November 13, 2023. "Together these orders represent significant investments that reflect Dubai's commitment to the future of aviation," said Emirates and flyDubai Chairman Sheikh Ahmed bin Saeed Al Maktoum. In New York, Boeing shares rose 4.4% after the orders, which also included 45 narrow-body 737 MAX for German-Turkish airline SunExpress. LOWER BOOKINGSOther significant orders appeared to be in the works without being played out in public in Dubai. Saudi Arabia's newest airline Riyadh Air said it is still in talks with planemakers to place an order for narrow-body jets.

Persons: Stanley Deal, Adel Al Redha, Ghaith Al, Alexander, flyDubai, Sheikh Ahmed bin Saeed Al Maktoum, Joe Biden, Xi Jinping, Steven F, planemakers, Asharq, there's, Daniel Silke, Rafael, Tim Hepher, Alexander Cornwell, Pesha Magid, Valerie Insinna, Hugh Lawson, Lisa Shumaker, Navaratnam, Sharon Singleton Organizations: Boeing Commercial, Emirates, Dubai Airshow, Boeing, United Arab Emirates, REUTERS, Companies, Airbus, Turkish Airlines Airbus, Dubai, Aviation, SunExpress, Bloomberg, Industry, Air Lease Corp, Reuters, Turkish Airlines, Anadolu, Dubai . Saudi Arabia's, Riyadh Air, Saudia Airlines Group, Saudia Airline, Royal, Cape, Consultancy, rearm, Russia, Israel Aerospace Industries, IAI, Rafael Advanced Defense Systems, Thomson Locations: Ghaith Al Ghaith, Dubai, United Arab, DUBAI, Government, Emirates, New York, Turkish, UAE, Qatar, Saudi Arabia, Turkey, India, Gulf, Dubai . Saudi, Riyadh, Israel, Gaza, Cape Town, United States, rearm Ukraine

☆ Israel weapons makers leave stands empty at Dubai Airshow
▼ + stars: | 2023-11-13 | by ( Alexander Cornwell | ) www.reuters.com time to read: +3 min

DUBAI, Nov 13 (Reuters) - The exhibition stands of Israeli weapons makers Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems were empty at the start of the opening day of the weeklong Dubai Airshow on Monday, amid the Israel-Hamas war in Gaza. It was not immediately clear why there were no staff at either exhibition stand, which were located close to the pavilion of United Arab Emirates state arms maker EDGE. IAI and EDGE signed joint development programmes at the last Dubai Airshow in 2021. The IAI exhibition stand was blocked off with red rope. The UAE became the most prominent Arab nation to establish diplomatic ties with Israel in 30 years under the U.S.-brokered Abraham Accords in 2020.

Persons: Rafael, Gaza –, Abraham, Sheikh Mansour bin Zayed Al Nahyan, Sheikh Mohamed, Alexander Cornwell, Christopher Cushing Organizations: Israel Aerospace Industries, IAI, Rafael Advanced Defense Systems, United Arab, EDGE, Palestinian Hamas, UAE, Israel, Elbit Systems, Reuters, The, U.S, Abraham Accords, Arab League, of Islamic Cooperation, Thomson Locations: DUBAI, Dubai, Israel, Gaza, United Arab Emirates, Palestinian, Israeli, UAE, Arab, U.S, The UAE

DUBAI, United Arab Emirates (AP) — The biennial Dubai Air Show opened Monday as airlines are poised to make major aircraft purchases after rebounding from the groundings of the coronavirus pandemic, even as Israel's war with Hamas clouds regional security. That conflict, as well as Russia's war on Ukraine, likely will influence the five-day show at Al Maktoum Airport at Dubai World Central. It is the city-state's second airfield after Dubai International Airport, which is the world's busiest for international travel and home base for the long-haul carrier Emirates. Air traffic is now at 97% of pre-COVID levels, according to the International Air Transport Association. Emirates, a main economic engine for Dubai amid its booming real estate market, announced record half-year profits of $2.7 billion Thursday.

Persons: — Rafael, ”, Rafael, Tim Clark, “ We've, ” Clark, “ Organizations: United Arab Emirates, Dubai Air, Al, Dubai World, Dubai International Airport, Emirates, Defense Systems Ltd, Israel Aerospace Industries, IAI, Courage Meets Technology, Russian Helicopters, U.S, ROSCOSMOS, Global, Airbus, International Air Transport Association ., . Emirates, Bloomberg, Boeing, Riyadh Air, Turkish Airlines, Anadolu Locations: DUBAI, United Arab, Ukraine, Dubai, UAE, Israel, Abu Dhabi, Russian, Al, Riyadh, Saudi

The discussions at the Dubai International Air Chiefs’ Conference, held ahead of the biennial Dubai Air Show this week, shows the delicate balancing act the federation of seven sheikhdoms faces. The UAE maintains diplomatic ties with Israel despite widespread and growing anger in the Arab world over the civilian casualties from Israel's offensive in the Gaza Strip against Hamas. The Air Chiefs' Conference demonstrates how those ties continue, particularly as Rafael Advanced Defense Systems Ltd., an Israeli defense manufacturer, was a sponsor of the summit. Sunday's summit drew attendees from across the world, though it did not appear there were any Israeli military officials on hand. While staying away from discussing the Israel-Hamas war, U.S. Air Force Brig.

Persons: Israel, Rafael, David A, we're, ” Mineau, ”, Mineau, “, Luca Goretti, Goretti Organizations: United Arab Emirates, Sunday, United, Dubai International Air Chiefs ’ Conference, Dubai Air, Hamas, The Air Chiefs, Conference, Rafael Advanced Defense Systems Ltd, Dubai Air Show, Israel Aerospace Industries, IAI, Health Ministry, Stockholm International Peace Research Institute, Houthi, U.S . Air Force, America, American military's, Command, Italian Air Force Locations: DUBAI, United Arab, United Arab Emirates, UAE, Israel, Gaza, West, Saudi Arabia, Iran, India, Stockholm, Qatar, Saudi, Abu Dhabi, Tehran, Sunday's, Western, China, U.S, NATO, Ukraine

☆ Israel's new Eitan APC spotted in combat against Hamas in Gaza. The IDF prematurely rushed the hi-tech armor into service.
▼ + stars: | 2023-11-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Israel's new Eitan APC has performed its first combat missions in Gaza battling Hamas, IDF said. Featuring advanced technology from the Merkava tank series and Namer armored vehicles, the Eitan offers high mobility and firepower in various terrains. AdvertisementAdvertisementAn Eitan APC first went into action during the October 7 terrorist attacks on southern Israel by Hamas, according to Walla, an Israeli news outlet. AdvertisementAdvertisementAn Eitan commander, Lieutenant Yotam, told Walla: "The Eitan brings important capabilities such as flexibility, high level protection and lethality. Eitan APC: 'The best and most advanced'Israel's Eitan APC Zachi EvenorEitan means "strong" in Hebrew.

Persons: Israel's, Eitan, —, Walla, Yotam, Israel's Eitan, Evenor Eitan, Sayeret, Guy Paglin Organizations: Service, Israel, Hamas, Israel Defense Forces, IDF, Technology, Eitan APC, Nahal Infantry Brigade, Defense, Defense Ministry's, Vehicles, Israel Times Locations: Gaza, Israel, Walla, Israeli, Brig

NEW DELHI (AP) — Top diplomats and defense chiefs from India and the United States met Friday focusing on security issues involving the Indo-Pacific, China and the Israel-Hamas war. U.S. Secretary of State Antony Blinken said the U.S. and India have a strong partnership and would discuss matters with implications for the future. He also said that the United States and India are bolstering their partnership in international peace and strengthening a rule-based order. Political Cartoons View All 1239 ImagesBlinken also said defense cooperation was a key pillar in ties between the countries. India and the U.S. have held the two-plus-two talks between India’s external affairs and defense minister and the U.S. secretaries of state and defense since 2018 to discuss issues of concern and strengthen bilateral ties.

Persons: Antony Blinken, ”, Blinken, Subrahmanyam Jaishankar, Uday Bhaskar, Defense Lloyd Austin, Rajnath Singh, Narendra Modi’s Organizations: DELHI, —, U.S, Association of Southeast, Nations, Defense, Indian Locations: India, United, Pacific, China, Israel, U.S, Asia, Japan, Australia, United States, Palestine, Gaza, Ukraine, Philippines, South China, Ladakh, Arunachal Pradesh, Washington

☆ US Plans Precision Bombs Transfer to Israel -Source
▼ + stars: | 2023-11-06 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - President Joe Biden's administration has informed the U.S. Congress that it is planning a $320 million transfer of precision bombs for Israel, a source familiar with the plan said on Monday. The Wall Street Journal first reported that the administration sent formal notification on Oct. 31 to congressional leaders of the planned transfer of Spice Family Gliding Bomb Assemblies, a type of precision guided weapon fired by warplanes. Citing correspondence it viewed, the Journal said weapons manufacturer Rafael USA would transfer the bombs to its Israeli parent company Rafael Advanced Defense Systems for use by the Israeli defense ministry. Earlier on Monday, the United Nations said Gaza is becoming a "graveyard for children," amplifying demands for a ceasefire as Palestinian health authorities said the death toll from Israel strikes had exceeded 10,000. (Reporting by Patricia Zengerle, editing by Deepa Babington)

Persons: Joe Biden's, Rafael, Patricia Zengerle, Deepa Babington Organizations: WASHINGTON, U.S . Congress, Street Journal, Rafael Advanced Defense Systems, United Locations: Israel, United Nations, Gaza

☆ US plans precision bombs transfer to Israel -source
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Ronen Zvulun/File Photo Acquire Licensing RightsWASHINGTON, Nov 6 (Reuters) - President Joe Biden's administration has informed the U.S. Congress that it is planning a $320 million transfer of precision bombs for Israel, a source familiar with the plan said on Monday. The Wall Street Journal first reported that the administration sent formal notification on Oct. 31 to congressional leaders of the planned transfer of Spice Family Gliding Bomb Assemblies, a type of precision guided weapon fired by warplanes. Citing correspondence it viewed, the Journal said weapons manufacturer Rafael USA would transfer the bombs to its Israeli parent company Rafael Advanced Defense Systems for use by the Israeli defense ministry. Earlier on Monday, the United Nations said Gaza is becoming a "graveyard for children," amplifying demands for a ceasefire as Palestinian health authorities said the death toll from Israel strikes had exceeded 10,000. Reporting by Patricia Zengerle, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Benjamin Netanyahu, Ronen, Joe Biden's, Rafael, Patricia Zengerle, Deepa Babington Organizations: U.S, Israeli, White, Consulate, REUTERS, Rights, U.S . Congress, Street Journal, Rafael Advanced Defense Systems, United, Thomson Locations: U.S, Israeli, Tel Aviv, Israel, United Nations, Gaza

☆ Raytheon's CEO said on an earnings call that the company stood to 'benefit' from DoD budget increases due to the war in Israel
▼ + stars: | 2023-10-25 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +5 min

President Biden requested an additional $106 billion to the DoD budget, citing the Israel-Hamas war and other global conflicts. The CEO of military contractor RTX said Tuesday the company could "benefit" from an increased DoD budget. RTX Corporation, formerly known as Raytheon, is a long-time US defense contractor which has worked on supplying Israel's Iron Dome since 2014. Liwag asked how quickly RTX Corporation, formerly known as Raytheon Corporation, could profit if Congress approves President Biden's request for a DoD budget increase in 2024. He called the budget request "a smart investment" in American security and emphasized the need to support Israel's Iron Dome.

Persons: Biden, RTX, —, Greg Hayes, Hayes, Kristine Liwag, Morgan Stanley, Liwag, Biden's, you've, Liwang, Israel, Kevin McCarthy's, Jake Sullivan, USA, Sam Deneke Organizations: RTX Corporation, Raytheon, Service, RTX, US Department, Raytheon Corporation, Israel, Raytheon Defense, CNBC, Israeli Defense Force, Rafael Advanced Defense Systems, DoD, Republican Party, National, U.S . Department of Defense, Corporation Locations: Israel, Ukraine, Gaza, U.S, Egypt

☆ How US tax dollars have supported Israel and its military for 75 years — and what's next for American aid
▼ + stars: | 2023-10-13 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Biden said this week he will ask Congress to send Israel additional aid in the wake of Hamas' terror attacks. Between 2001 and 2020, Israel received more military aid from the US than all other nations combined. Despite concerns that Israel will continue killing civilians and children in Gaza, there is bipartisan support for aid to Israel. In 2016, the US signed its third 10-year Memorandum of Understanding on military aid to Israel, pledging to send it $38 billion between 2019 and 2028. In 2022, the US spent a total of $4.8 billion on military, economic, and missile defense aid for Israel.

Persons: Biden, —, Harry Truman, Israel, Joe Biden, Gerald R, he'll, John Kirby, Alexandria Ocasio, Cortez, Ilhan Omar, Kevin McCarthy Organizations: Democratic, Service, Saturday, US, Congressional Research Service, CRS, Israel, Hamas, Gazan Health, United Nations, White, National Security, Rep, Minnesota Democrat, Republicans, Taiwan Locations: Israel, Gaza, Washington, Alexandria, United States, Minnesota, Ukraine

☆ What is Israel's Iron Dome? Here’s what you need to know about the missile defense system
▼ + stars: | 2023-10-12 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Israel's Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from the city of Ashkelon, Israel October 9, 2023. What is Israel's Iron Dome? The Iron Dome, or "Kippat Barzel" in Hebrew, is widely regarded as one of the most important tools in Israel's arsenal. An Iron Dome launcher fires an interceptor missile as rockets are fired from Gaza, in Ashkelon, Israel May 10, 2023. The Center for Strategic International Studies, a U.S. think tank, has previously estimated that a complete Iron Dome battery costs roughly $100 million to produce.

Persons: Amir Cohen, Israel, Rafael, —, Tamir Organizations: Reuters, Palestinian Ministry of Health, Israel's Defense Ministry, Iron Dome, European Union, Rafael Advanced Defense Systems, Reuters Israel's Defense Forces, Dome, Congressional Research Service, Strategic International Studies Locations: Gaza, Ashkelon, Israel, Reuters Israel, Jihad, U.S, Washington

☆ Why Israel's Iron Dome couldn't stop every rocket strike from Hamas
▼ + stars: | 2023-10-11 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

The Iron Dome has been a crucial part of Israel's first line of defense for the past decade. The cost of the Iron Dome is under scrutinyAn ongoing controversy about the Iron Dome is its cost — some of which has come out of US pockets. If the Iron Dome were shown to be less effective under heavy fire, that cost-to-benefit ratio might shift. Per reports, the Iron Dome has continued to intercept short-range fire coming from Gaza over the past few days. One of the unique things about Iron Dome to date has been its ability to learn as it goes on and become more effective.

Persons: —, Israel, Tamir, Israel Ilia Yefimovich, John Erath, Erath, MAHMUD HAMS, that's, It's, Joe Biden Organizations: Service, Iron Dome, Raytheon Technologies, Rafael Advance, Center for Arms Control, Israel Defense Forces, CNN, ABC, US Locations: Israel's, Israel, Ashdod, Tel Aviv, Jerusalem, Ashkelon, North, Gaza, Al Jazeera, Israeli, Netivot, States, Germany, Ukraine

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