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(Photo: Eyal Bugoslavsky)

Elbit Systems Opens Office in Berlin

"Germany is a key market and is significant to Elbit Systems' continuous growth and growing presence in Europe," says the company's Executive VP for International Marketing & Business Development, Ran Kril

Northrop Grumman RQ-4 Global Hawk UAV (Photo: AP)

Report: Military Drone Market to Reach $13B by 2024

A research report by Global Market Insights suggests that the military UAV market will grow at 12% CAGR and surpass $13 billion by 2024. The market growth is attributed, among other things, to increased investments in drone technology, advancements in UAV technologies, and the increased use of drones for border patrol applications

Saudi Crown Prince Mohammed bin Salman with Spanish Defence Minister Maria Dolores de Cospedal after signing the framework deal (Photo: AP)

Saudi Arabia, Spain Ink $2.2B Deal for Avante 2200 Corvettes

Saudi Arabia and Spain signed a $2.2 billion framework agreement on defense cooperation. The Kingdom will buy five Avante 2200 Corvettes from the Spanish state-owned shipbuilder Navantia

The cross-border tunnel that was destroyed over the weekend (Photo: IDF)

IDF Destroys 'Longest, Deepest' Hamas Attack Tunnel

The IDF on Sunday announced it had destroyed a Hamas attack tunnel leading from the Gaza Strip into Israeli territory over the weekend. The tunnel was the "longest and deepest" underground passage discovered in Israel thus far, said Defense Minister Avigdor Lieberman

L-R: Amos Mathan, Aeronautics CEO; Michel Ben Baruch, Head of SIBAT Division, IMOD; SP Shukla of Mahindra Defence; Eyal Calif, Director of Asia, Africa & Pacific at IMOD's SIBAT

Aeronautics, Mahindra Defence to Partner for Shipborne UAVs

Mahindra Defence and Aeronautics have entered into a partnership to offer the maritime version of Orbiter 4 for the Indian Navy. The UAV will be capable of being launched and recovered from small warships
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