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Elbit adds $235 million deal to growing European rocket business
The contract covers PULS artillery systems, EXTRA-MR rockets and logistical support. It follows a series of European rocket artillery deals worth more than $1.2 billion combined, according to estimates.
Michael V. finds unexpected career highlight in ‘Family Feud’ hosting role
Photo from Instagram/@michaelbitoy Veteran Filipino comedian fulfills a longstanding ambition while temporarily taking over for Dingdong Dantes MANILA — After years of working in television comedy, Michael V. has returned to game show hosting through an assignment he says he had long hoped to receive. The veteran Filipino comedian, popularly known as Bitoy, described his temporary stint presenting GMA Network’s Family…
Why Is Elbit Systems (TASE:ESLT) Rebranding Its U.S. Business As Twenty Six Defense?
Elbit Systems (TASE:ESLT) has rebranded its U.S. operating segment as Twenty-Six Defense, targeting the domestic American defense market. The new Twenty-Six Defense banner is intended to highlight U.S. industrial capacity and onshore production for defense customers. Elbit Systems links the rebrand to closer alignment with U.S. national security priorities and government focus on localized manufacturing. The Twenty-Six Defense shift toward a U.S. centric identity is an important context for...
Elbit restructures its U.S. business as American defense demand accelerates
The Israeli defense group is placing its 3,300-worker American operation under Twenty-Six Defense as its U.S. business expands. The move follows more than $370 million in recent contracts from Customs and Border Protection and comes as Elbit seeks to expand manufacturing capacity to meet a record $32 billion backlog.
Laser weapons aren’t science fiction anymore — and they’re changing how defense stocks are valued
Why Palantir and Elbit are top plays in the booming counter-drone market.