Israel: Does Elbit’s Rise Mean IAI’s Downfall?
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“Before I took office,” IAI chairman Harel Locker said at a recent conference, “(I) realized that if the company did not change, it could collapse within a few years.”
Army Bradley Brigade Will Get Israeli Anti-Missile System: Iron Fist
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WASHINGTON: Seeking to stop Russian-made anti-tank missiles, the US Army will buy Israel’s Iron Fist Active Protection System for a brigade of its M2 Bradley armored vehicles, Breaking Defense has learned. The decision comes after weeks of confusing statements by Army officials and months of delays fitting the high-tech active protection on a Cold War-vintage… Keep reading →
Israel Spends With Eye On Iran Strikes In Shifting Mideast
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TEL AVIV: Israel is preparing to buy a range of new weapons in preparation for a possible attack on Iran should that country appear to restart efforts to develop a nuclear weapon. Israel has reportedly already invested more than $2 billion preparing for a possible attack against Iran. On Israel’s shopping list: a new aerial refueling… Keep reading →