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Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems (Photo: Meir Azulay)

Elbit Systems Closes Acquisition of IMI Systems

The company said on Tuesday it reached an agreement with the Israeli government to buy state-owned IMI Systems for up to $522 million. The deal still requires approval from the Israeli Antitrust Authority

Source: Technion

Adelis-SAMSON Ground Station Inaugurated at Israel’s Technion

The goal of the Adelis-SAMSON project is to prove that a swarm of satellites can orbit for one year in a controlled formation at an altitude of 600 km. The ground station will enable both the reception of signals transmitted from the satellites to Earth and signals transmitted between the satellites themselves

Photo: IDF

Watch: IDF Paratroopers Participate in US-led Exercise in Europe

For the first time, Israel participated in the Swift Response military exercise alongside the United States and European allies. During the exercise, IDF Paratroopers attached to US European Command's 173rd Brigade Combat Team landed on Polish soil and simulated an airfield takeover

The Heron TP (Photo: IAI)

Germany Approves Heron TP Deal

Germany's Bundestag on Wednesday approved a €1 billion deal for leasing Heron-TP unmanned aerial vehicles manufactured by IAI. The nine-year agreement could expand to include additional systems. PM Netanyahu: “The deal is an expression of the strategic cooperation between Germany and Israel”