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Tamir Eshel

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Despite Slumping Revenues, Elbit System’s Order Backlog Continues to Grow

Elbit Systems reported today revenues of US$603.3 million in sales for the second quarter of 2010, 18% below its reported revenues in second quarter of 2009 and 2.4% below the consecutive (Q1/2010) quarter. The company's sales have been dropping for the past two quarters,...

Sensor Developer ICx to Merge into FLIR Systems

FLIR Systems, Inc. (Nasdaq:FLIR) has submitted an offer to merge ICx Technologies, Inc. (Nasdaq GM:ICXT) into FLIR Systems. ICx Board of Directors has unanimously accepted FLIR's offer to pay $7.55 in cash for each of ICx shares. The transaction could be completed in the fourth...

Update: Israel MOD Formally Orders the F-35A Stealth Fighters

Israel will be the first country to receive the F-35 through the United States government’s Foreign Military Sales process. beginning in 2015. In August 2010 Israel's defense minister Lt. General (Ret) Ehud Barak has given the go-ahead to a $2.75 billion purchase of 20 fifth...

IAI Financial Report Shows Continued Growth

IAI's 2010 second quarter and half-year financial report released today reflects continued improvement in the company's business performance, despite perceived slowdown in global defense market and slow recovery in commercial aviation market. IAI has reported today sales of US$840 million, an increase of 26%...

India Shortlists the European Typhoon and French Rafale for $10 Billion Fighter Buy

The Indian Air Force has concluded the technical assessment of six fighter aircraft proposed for the Medium MultiRole Combat Aircraft (MMRCA) program. According to media reports, both Typhoon and Rafale were shortlisted for the next phase.

Elbit Systems Expands the VIPeR into a Family of Robots

Elbit Systems is expanding its family of man portable unmanned ground systems with the introduction of two new models. During a recent exhibition the company displayed the new robots, in addition to a wide range of advanced land and C4I solutions. The new members of the VIPeR family of intelligent and portable robots include the Mini-VIPeR and Maxi-VIPeR, which join the VIPeR robot, already operational in the Israel Defense Forces under the Hebrew name "Pazit." All VIPeRs are designed for portability and high mobility; the robots are configurable for multiple types of missions by add-on sensors, modules and payloads, tailored to specific tasks.

FBI Hunts Nuke Technician as Suspect in ‘Dirty Bomb’ plot

It has been widely established by counter-terror agencies around the world, that terror groups remain highly interested in such "dirty playthings" writes Defense-Update.com analyst David Eshel in today's post. Al Qaeda's senior leadership has publicly expressed a desire to acquire some weapons of mass destruction, including radiological...

Lightweight Kinetic Energy Net (KEN) Structural Armor for Airborne Applications

Lockheed Martin (NYSE:LMT) is developing a new Kinetic Energy Net (KEN) armor concept for military rotorcraft and aircraft, which could also find application in future combat vehicles. In April 2010 the company has won a US$1.5 Million from the U.S. Army Applied Aviation Technology Directorate...

TekShield Offers Protection Against IED Blast, Fragments and Small Arms Projectiles

Ceradyne has signed a licensing agreement with Lockheed Martin for the development and production of the TekShiled armor material developed by Lockheed Martin. TekShield is based on a unique ceramic design claimed to be superior and lighter than legacy ceramic armor. TekShield provides...

Russia set $1 Billion for 1,700 Foreign Light Armored Vehicles

The Russian Defense Ministry is going to set up a joint assembly line with the Italian automaker Iveco to produce LMV M65 tactical vehicles in Russia, the Kommersant daily reported today. The decision is raising significant opposition among local manufacturers. The local alternative to the Italian vehicle is the  Russian...

House Subcommittee Appropriates U.S.-Israel Missile Defense Systems at Highest Levels Ever

The growing proliferation and increasing deadliness of missiles around the world pose a direct threat to the U.S. and its allies, making funding missile defense systems vitally important for America’s national security. Israel, positioned as one of the most threatened countries, is establishing a...

InSitu Selected for STUAS UAV Program, Potential Future Orders: Over $0.5 Billion

The U.S. Navy Air Systems Command (NAVAIR) has selected the InSitu Integrator unmanned aircraft for the Small Tactical Unmanned Air System (STUAS)/Tier II system, and awarded the system developer Insitu Inc., - a wholly owned subsidiary of the Boeing Company - a contract worth...

Private Industry Demand Increased Government Commitment for Avro HS748M Replacement

In an effort to expand its domestic supplier base, India’s Ministry of Defense is planning to open the tender for medium transport aircraft beyond the government owned Hindustan Aeronautics Ltd (HAL). The Defense Acquisition Council (DAC) last week opened the US$2.6 billion (12,000...

MBDA Unveils Small Guided Bomb at Farnborough

MBDA Missile Systems have unveiled a small laser+GPS/INS guided weapon developed with company funding at MBDA’s U.S. subsidiary. The weapon called Small Air Bomb Extended Range (SABER) can be configured as a rocket or glide weapon, according to the customer’s requirements. The dual mode...
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