Last Wednesday, the board of directors of Israel Aerospace Industries (IAI) approved a proposal by the company's CEO, Amir Peretz, to establish a new factory in the city of Ofakim.

In the new factory IAI, together with its subsidiary, Eltel, will invest a sum of approximately NIS fifty million, with an expected employment of around 80 workers.

Israel and Hamas in Gaza are both located on the shores of the Mediterranean Sea. Over two thousand years ago, Rome waged a prolonged struggle with another city located on the shores of the Mediterranean, Carthage. These sworn rivals fought three wars known as the Punic Wars. Rome emerged victorious in all three of them, and on the third occasion, it destroyed Carthage. Of course, there are many differences between those cycles of wars and Israel's conflicts in the Gaza Strip.

The week (and change) remaining until the beginning of Ramadan will be one of the most critical weeks since October 7th. It finds the IDF with the smallest deployment of forces within the Gaza Strip since that fateful morning. Only a limited number of brigades remain engaged in continuous combat.

Maritime trade and the integrated network of ports, terminals, vessels, waterways, and land connections constitute the maritime transportation system of the United States.
This integrated transportation system supports economic activity worth $5.4 trillion annually, contributes to the employment of over 31 million Americans, and handles nearly 95% of the cargo entering the United States.

IWI - Israel Weapon Industries - a member of the SK Group, and a global leader in the production of combat-proven small arms for military, police, law enforcement agencies, and governmental entities worldwide, has unveiled its new Micro Folding Battle Sight.

Morphisec endpoint security system (MTD) has announced the appointment of Ron Reinfeld as the new CEO of the company. Reinfeld brings over 18 years of financial leadership experience at SaaS companies. Before joining Morphisec, Reinfeld served as Chief Financial Officer at IntSights (acquired by Rapid7) as well as CFO at Zooz (acquired by PayU), and has held various financial and operations roles at Cloudshare, Clarizen, and Ernst & Young. In addition, Ron has held multiple advisory roles at early-stage tech startups.

"All forces are stationed here, to locate the enemy, to attack it," Chief of Staff Herzi Halevi said yesterday (Tuesday), during a situational assessment along Israel’s northern border. “We’re not waiting for anything, we say the following - Hezbollah decided on the evening of October 7 that it is joining the fight and it needs to pay a very heavy price for this.

At the Singapore Airshow held last week, the Israeli company Steadicopter announced improvements and upgrades to its two unmanned helicopters, the Black Eagle and Golden Eagle, and is offering them to the market in the Asia-Pacific region.

Steadicopter CEO, Itai Toren, told Janes that the company has extended the range of the weapon installed on the unmanned Golden Eagle helicopter, which is defined as a light tactical attack helicopter.

Since the dawn of humanity, people have always sought to exploit underground space for various purposes, including military uses. In this context, tunnels offer clear advantages in numerous aspects, particularly due to their being hidden structures and heavily fortified.

Tunnels have been used for offensive and defensive purposes in both World Wars and during the Cold War era. Israel, too, employs defensive use of underground infrastructure, and the bunker in the Kiriya military base is an excellent example of this.

Elbit Systems announced that it was awarded a contract worth approximately $600 million to supply systems to Hanwha Defense Australia for the Australian Land 400 Phase 3 Project. This project aims to deliver advanced protection, fighting capabilities, and sensors suite to the Redback Infantry Fighting Vehicles (IFV) for the Australian Army. The contract will be performed over five years.