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☆ Israel plans to use lasers to shoot down incoming missiles
▼ + stars: | 2024-11-01 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

Dubbed the Iron Beam, the shield aims to use high-power lasers to counter an array of projectiles, including missiles, drones, rockets and mortars, Israel’s defense ministry said this week. “The initial capability of the ground-based laser system… is expected to enter operational service within one year,” he said. Israel first unveiled a prototype of the Iron Beam in 2021 and has since been working to get it up and running. From Social MediaIt is unclear if Iran has developed a laser defense system of its own. Experts say the Iron Beam could also act as a deterrent to further attacks by Iran or its proxies.

Persons: ” Eyal Zamir, ”, Israel, Benjamin Netanyahu’s beachside, Yehoshua Kalisky, Rafael, Naftali Bennett, ” Sascha Bruchmann, Kalisky, Benjamin Netanyahu's, Hunter, Bruchmann, Israel “, ” Bruchmann Organizations: CNN, Rafael, Defense Systems, Elbit Systems, Israel’s, Institute for National Security Studies, Israel Defense Forces, Rafael Advanced Defense Systems, ”, Institute for Strategic Studies, US Navy, Pentagon, New York Times, Hamas, Times . CNN Locations: Iran, Israel, Gaza, Lebanon, Yemen, Syria, Iraq, Caesarea, Lebanese, Tel Aviv, London, United Kingdom, China, Russia

☆ Seven People Charged Over Break-In at Israeli Arms Company’s U.K. Site
▼ + stars: | 2024-08-13 | by ( Lynsey Chutel | ) www.nytimes.com time to read: 1 min

British counterterrorism police charged seven people with violent disorder on Tuesday, after a group of pro-Palestinian demonstrators forced their way into a building owned by an Israeli defense firm in southwest England. Seven people ages 20 to 51 were charged with criminal damage and violent disorder, the police said in a statement. One man, age 22, was also charged with assault. The Crown Prosecution Service, the public prosecutor for England and Wales, said it would argue in a court hearing on Tuesday “that these offenses have a terrorist connection.”The seven individuals are accused of taking part in a raid in the early hours of Aug. 6 that targeted Elbit, an Israeli defense firm whose British subsidiaries employ around 700 people across 16 sites.

Persons: ” Organizations: Crown Prosecution Service Locations: England, Wales

☆ Seven People Charged After Breaking Into Israeli Arms Company’s U.K. Site
▼ + stars: | 2024-08-13 | by ( Lynsey Chutel | ) www.nytimes.com time to read: 1 min

Persons: ” Organizations: Crown Prosecution Service Locations: England, Wales

☆ A European rival to HIMARS takes shape
▼ + stars: | 2024-07-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Europe is building a multiple rocket launcher that resembles America's HIMARS, the ground-fired weapon that took on the precision strike missions that Ukraine's battered air force couldn't. Many, such as France's LRU and Germany's MARS 2, are based on the U.S. M270, a tracked mobile rocket launcher, and its Guided Multiple Launch Rocket System rockets. One HIMARS launcher can carry six GMLRS rockets or one longer-range ATACMS ballistic missile. HIMARS rockets destroyed Russian ammunition depots and headquarters, disrupting logistics and command and control, and spurring Russian forces to move vital facilities deeper behind their lines. Collectively, such trends are prompting some militaries to consider possible alternatives to the US HIMARS system, though certainly that remains a major player in this competition for contracts."

Persons: HIMARS, KNDS, EuroPULS, hasn't, Emely Gonzalez, What's, Elbit, Lockheed Martin, that's, Elbit's PULS, James Black, Michael Peck Organizations: Service, Franco, Systems, Israel Defense Forces, High, Artillery, U.S ., US Marine Corps, HIMARS, Lockheed, Munitions, MARS, US Defense Department, RAND, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, HIMARS, Germany, Europe, Netherlands, Denmark, RAND Europe, Forbes

☆ New photos show the US Army's latest version of the Bradley fighting vehicle that's proven itself in Ukraine
▼ + stars: | 2024-05-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewThe US Army has released photos of the newest and most advanced version of its Bradley infantry fighting vehicle, combat-proven armor that Ukraine has been using against Russia. AdvertisementThe new M2A4E1 Bradley infantry fighting vehicle. "The Army received funding to procure the M2A4E1 for every Bradley donated to Ukraine," the PEOGCS said this week. AdvertisementA M2 Bradley Infantry Fighting Vehicle drives during a live fire exercise at Fort Cavazos, Texas. The Bradley, initially built as a response to Soviet infantry fighting vehicles, entered service in the 1980s and was deployed to the Gulf War the following decade before being sent to Iraq in the 2000s.

Persons: —, Bradley, Bradley IFV, Elbit, Glenn Dean, It's, Washington, David Dumas, The Bradley Organizations: Service, US Army, Bradley, Russia, Army's, Business, Environmental Control Unit, Army, Israel's Elbit Systems, Breaking Defense, Abrams, Bradley Infantry Fighting, Spc, Army Ukrainian, US Locations: Ukraine, Maine, Maj, Kyiv, Fort Cavazos , Texas, The, Iraq

☆ Global arms fairs from Russia to the UAE: Photographer’s take on bizarre world
▼ + stars: | 2024-04-24 | by ( Christy Choi | ) edition.cnn.com time to read: +10 min

CNN —An arms fair may contain all the trappings of war, but it is nothing like a battlefield. Nikita TeryoshinA shot of the reception at the 2016 MSPO expo, the biggest arms fair in Eastern Europe. “It was the only (arms fair I’d been to) where they were shooting real rockets over 20 kilometers (12 miles) maybe,” said Teroyshin. Fairgoers wait for a shuttle to a live demonstration site during the 2019 Army military expo held in Alabino, Russia. Forever.”) is paired with an image of three women in Islamic veils at an arms fair, one pretending to hold a rifle depicted in the poster in front of her.

Persons: ”, Nikita Teryoshin, “, ” Teryoshin, Nikita Teryoshin “, Teryoshin, Majid, Teroyshin, Lockheed Martin, Nikita Teryoshin Teroyshin, ‘, KAI, Nikita Teryoshin Saudi, Linda Åkerström, eyeshadow, Nikita Teryoshin Åkerström, ” Teroyshin, he’s, Åkerström, you’ll Organizations: CNN, Swedish Bofors, expos, Tiger, Kalashnikov, Lockheed, Manufacturing, ITT, Otis Defence, CTA, Elbit Systems, BAE Systems Locations: Russian, Swedish, Kielce, Poland, Lima , Peru, Belarus, France, Germany, South Korea, China, UAE, Peru, Russia, Vietnam, USA, South Africa, Lucknow, Uttar Pradesh, India, “, DEFEXPO, Eastern Europe, Mali, Alabino, Abu Dhabi, Paris, Dortmund, Seoul, IDEX, Central, Western Europe, Saudi Arabia, Qatar, Australia, Ukraine

☆ Japanese trading giant Itochu to cut ties with Israeli defense firm over Gaza war
▼ + stars: | 2024-02-06 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

Hong Kong/Tokyo CNN —One of Japan’s biggest trading firms, Itochu, has decided to end its partnership with a major Israeli defense company due to the war in Gaza. The sprawling conglomerate, best known outside Japan for its Family Mart chain of convenience stores, said its aviation unit will cut ties with Elbit Systems, which bills itself as Israel’s largest defense contractor, by the end of February. Itochu Aviation, Elbit Systems and Nippon Aircraft Supply signed a cooperation agreement in March 2023, months before war broke out between Israel and Gaza. Itochu, which reported revenues of $104 billion in 2023, has faced small-scale, student-led protests in Tokyo against its partnership with Elbit since January. Its Family Mart chain has also been the target of calls for boycotts in Muslim-majority Malaysia over the agreement.

Persons: ”, Itochu, Israel, Tsuyoshi Hachimura, Hachimura, Bezhalel Machlis, Hanako Montgomery, Heather Chen Organizations: Tokyo CNN, Elbit Systems, International Court of Justice, United Nations, Japan’s Foreign Ministry, CNN, ICJ, Israel, Itochu Aviation, Nippon Aircraft Supply, Elbit, Japan’s Defense Ministry, Self - Defense Force, Israel Defense Forces Locations: Hong Kong, Tokyo, Gaza, Japan, Israel, South Africa, Itochu, Malaysia

The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. It also disrupted Canada's prestigious Giller Prize Gala on Nov. 14, a literary award sponsored by Scotiabank. It claims in its petition that Scotiabank is the biggest foreign shareholder in Elbit, whose weapons were heavily used during Israel's 11-day operation in Gaza in May 2021. The email said Scotiabank was "not the biggest shareholder of Elbit, nor is it the biggest foreign shareholder of Elbit. Eko said it would not comment on the protests at Scotia branches and has not taken part in the protests.

Persons: Chris Wattie, Eko, unitholders, Angus Wong, Wong, Bezhalel Machlis, Nivedita Balu, Denny Thomas, David Gregorio Our Organizations: of Nova, REUTERS, Rights TORONTO, Bank of Nova, Elbit Systems, Scotiabank . Toronto Police, Scotiabank, Global Asset Management, Management, Vanguard Group, BlackRock Institutional Trust, Israel Ministry of Defence, Israel MOD, Thomson Locations: of Nova Scotia, Ottawa , Ontario, Canada, Bank of Nova Scotia, Israel, Elbit, Gaza, Toronto, Scotia

☆ Morning Bid: Treasuries gobbled up, oil braces for OPEC
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. Benchmark Treasury yields fell back more than 10 basis points to 4.37% after a total of $109 billion of 2 and 5-year notes hit the Street on Monday without much disruption. Another weak U.S. housing readout, with sub-forecast new home sales last month, perhaps flattered the post-auction moves. That's likely a mixed blessing for Federal Reserve watchers - the continued buoyancy of consumption but with increasing price discrimination. Fed futures priced about 85bps of rate cuts through next year, starting in June, though many major banks expect even more.

Persons: Brendan McDermid, Mike Dolan, That's, Hong, Louis, Christopher Waller, Michelle Bowman, Michael Barr, Austan Goolsbee, Christine Lagarde, Philip Lane, Dave Ramsden, BoE, Jonathan Haskel, Hewlett Packard, Ed Osmond Organizations: New York Stock Exchange, REUTERS, Treasuries, Treasury, Adobe Digital, Federal Reserve, Louis Fed, U.S . Treasury, Richmond Fed, Dallas Fed, . Treasury, Chicago Fed, European Central Bank, ECB, Bank of England, Citi Trends, Fluence Energy, Reuters, Reuters Graphics Reuters, Thomson Locations: New York City, U.S, Asia, Europe, United States, China, New York, St, Uxin, Canaan, Elbit

☆ 3 things to watch in the stock market as Street aims to extend winning streak
▼ + stars: | 2023-11-25 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

(Treasury yields tend to move inversely to stock prices; as yields fall investors seeking better returns move money back into the stock market). The chipmaker once again came into its quarterly print with super-high expectations on the Street, but once again exceeded them . For this reason, we put more emphasis on monthly economic releases, such as the aforementioned personal spending report. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Dow, Estee Lauder, Einstein, Jim Cramer's, Jim Cramer, Jim, Locker, Jeff Greenberg Organizations: Nasdaq, Federal Reserve, Treasury, Nvidia, Apple, TJX, Bank of Nova, Elbit Systems, Intuit, Hewlett Packard Enterprise, Hormel, Kroger, KR, Academy Sports, TD Bank, Royal Bank of Canada, Dell Technologies, Bank of Montreal, BMO, Jim Cramer's Charitable, CNBC, Universal, Getty Locations: Bank of Nova Scotia, AMBA

☆ 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

☆ 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

☆ Watch: IDF Uses New ‘Iron Sting’ Weapon System Against Hamas
▼ + stars: | 2023-10-23 | by ( ) www.wsj.com time to read: 1 min

The Israel Defense Forces released footage said to show commandos using its new “Iron Sting” weapon system against Hamas in one of its first known operational uses. The laser and GPS guided mortar is designed to hit targets in urban environments, according to its manufacturer Elbit Systems. Photo: Israel Defense Forces

Persons: Sting Organizations: Israel Defense Forces, Hamas, Elbit Systems

☆ Romania aims to buy F-35 fighter planes to boost air defences
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +1 min

BUCHAREST, April 11 (Reuters) - Romania aims to buy the latest generation U.S. F-35 fighter planes to boost its air defences, the country's supreme defence council (CSAT) said in a statement on Tuesday. The European Union and NATO state has raised defence spending to 2.5% of gross domestic product this year from 2%, in response to Russia's invasion of Ukraine. Last year, President Klaus Iohannis said Romania was mulling acquiring F-35 planes, which are made by U.S. weapons maker Lockheed Martin Corp (LMT.N). In March, the defense ministry said Romania would buy Abrams tanks made by General Dynamics (GD.N), as part of wider defence acquisitions plans. In December, Romania's defence ministry signed a deal to acquire seven Watchkeeper X unmanned aircraft systems from Israeli defence electronics firm Elbit Systems (ESLT.TA) for roughly 1.89 billion lei ($418.02 million).

☆ The Street awaits key inflation report next week as banking worries persist
▼ + stars: | 2023-03-25 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The personal spending and income report, out this coming Friday, has the Federal Reserve's preferred measure of inflation: the core personal consumption expenditure (PCE) price index. In comparison, the consumer price index (CPI), released this past week, only tracks price changes over time. It was a positive week for the major averages, despite some midweek volatility driven by comments from Treasury officials. The PCE price index and other inflation reports face heightened scrutiny in the coming months as the market is becoming more at odds with the Fed's base case. ET: Gross Domestic Product; Price Index Friday, March 31 Before the bell: 8:30 a.m.

☆ Israeli drones use free-falling bombs, can carry up to a tonne
▼ + stars: | 2023-02-02 | by ( Dan Williams | ) www.reuters.com time to read: +2 min

TEL AVIV, Feb 2 (Reuters) - Israeli armed drones use gravity bombs that produce no noise or smoke as they fall, making them hard for enemies to anticipate or evade, and the largest model of the aircraft can carry up to a tonne of munitions, the military says. After more than two decades of secrecy, Israel in July went public with the existence of armed drones in its arsenal. The former, the officer said, "is the heaviest drone that the IDF (Israel Defence Forces) has, which can carry munitions, with an effective payload of around a tonne". The Israeli manufacturers do not publicise the armed capabilities of the drones, under what industry sources have described as a Defence Ministry secrecy policy. All the drone munitions are Israeli-made, the officer said, and "come down in free-fall, and can reach the speed of sound".

☆ In a first, Israeli general opens up about use of armed drones
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

Israeli censors in July permitted publication of information about the armed drones and the chief of Israel's artillery corps - which runs the drones together with the air force - used his speech at an industry forum to give what he described as a first public account of the armed versions of the pilot-less planes. Showing footage of Ukrainian forces using drones to guide shelling of invading Russian troops, he said: "We have the same application here." At the same conference, Brigadier-General Omri Dor, commander of Palmachin airbase, said drones now accounted for 80% of the Israeli military's operational flight hours. However manufacturers of armed drones remain barred from advertising them and none of them were among the models on display at the conference. She did not specify if such exports included armed drones.

☆ Израиль успешно испытал бортовой лазер для сбивания дронов
▼ + stars: | 2021-06-18 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Министерство обороны Израиля успешно испытало бортовую лазерную систему воздушного базирования, установленную на самолете. В Минобороны и Elbit Systems Ltd. сказали, что лазерная установка может быть включена в многоуровневую систему противовоздушной обороны Израиля. По словам бригадного генерала Янива Ротема, в ходе испытаний система успешно перехватила несколько дронов на дальности около 1 километра. По данным Министерства обороны, Израиль является одной из первых стран в мире, которым удалось интегрировать лазерные технологии в самолет и перехватывать цели. По его словам, полностью автоматизированная система использует лазер для ликвидации цели независимо от погодных условий.

Persons: Янив Ротем, Ротем, Бени Ганц Organizations: Elbit Systems, Министерство обороны, Минобороны Locations: Израиль

☆ Минобороны Израиля и Греции подписали контракт на $ 1,65 млрд
▼ + stars: | 2021-04-19 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Министерства обороны Израиля и Греции подписали крупнейший в истории своего сотрудничества контракт на $ 1,65 млрд. «Министерства обороны Израиля и Греции подписали контракт стоимостью 5,5 млрд шекелей на создание и эксплуатацию израильской компанией Elbit Systems в течение 22 лет международного центра лётной подготовки для пилотов ВВС Греции», — указали в Израиле. «В Греции по образцу лётной академии ВВС Израиля будет создан международный центр лётной подготовки, оснащенный десятью учебно-тренировочными самолетами M-346 итальянского производства», — отметила пресс-служба. По ее информации, будет также произведена модернизация самолетов Т-6 ВВС Греции, «Elbit Systems обеспечит обучение, симуляторы и логистическую поддержку». Министр обороны Израиля Бени Ганц, комментируя сделку, заявил, что она «укрепит партнерство и сотрудничество между двумя странами на оборонном, экономическом и политическом уровнях».

Persons: Бени Ганц Organizations: Elbit, Министерство обороны, ВВС, Министерство оборона Locations: Израиль, Греция

☆ O companie israeliană de drone vrea să producă un model de-al său în România
▼ + stars: | 2021-04-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Compania israeliană de echipamente militare Elbit vrea să mute în România producția uneia dintre dronele sale, scrie HotNews. Deja la Bacău se fac componente pentru acest tip de dronă, numită Hermes 450. Elbit, care are patru fabrici cu 700 de angajați în România, a propus acest aparat fără pilot Armatei Române. Este una dintre cele trei oferte aflate în acest moment pe masa Ministerului Apărării, care vrea să demareze anul acesta achiziția de drone tactice pentru Armata Română. Israelienii le-au prezentat oficialilor români aparatul lor la sfârșitul lunii februarie într-un eveniment la Măgurele, lângă București.

Persons: Hermes Organizations: israeliană, Armatei Române, Ministerului Apărării, Armata Română, MApN Locations: România, Bacău, Măgurele, București

☆ De anul viitor, România ar putea exporta drone
▼ + stars: | 2020-10-15 | by ( ) tvrmoldova.md time to read: +2 min

(...) Cred că Hermes 450 este ceea ce are nevoie România", a mai spus directorul diviziei vehicule aeriene fără pilot a companiei Elbit. În afara Israelului, Elbit mai are doar două linii asamblare drone: una în Marea Britanie, iar o alta în India. Hagi Topolanski a declarat că "sper că anul viitor, sper să vedeţi acest «rege» Hermes, cu un steag românesc, construit în România”. „În momentul în care România va avea capabilitatea să producă, să fabrice şi să asambleze drone Hermes 450 acest lucru va oferi ambelor părţi avantaje şi vor fi vândute în alte locuri din Europa. Mai mult de atât, mâna de lucru în România este mai ieftină, aşa că vom fi chiar mai competitivi când vom veni cu Hermes 450 din România”, a declarat reprezentantul grupului Elbit.

Persons: Hermes, Hagi Topolanski Organizations: MApN Locations: România, Europa, Israelului, India

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