Rafael Ends 2023 With Record NIS 14 Billion in Sales

Rafael Advanced Defense Systems Ltd. publishes today its financial results for 2023, as approved by the company's board of directors:

Rheinmetall Secures Major Deal: German Army Procures 123 Boxer APCs Valued at €2.7 Billion

Leading German defense firm, Rheinmetall, announced over the weekend that it had secured a significant contract from the German Army. The contract entails the production and supply of 123 Boxer Armored Personnel Carriers (APCs), valued at approximately €2.7 billion. Notably, these vehicles are slated for manufacturing at Rheinmetall's facility in Australia, with deliveries set to commence in 2025.

Commentary | Israel Fails to Achieve War Goals in Gaza – These are Steps for Rectification

After significant progress in more than months of fighting the Swords of Iron War, during which the IDF eliminated a large portion of the military strength of Hamas and Islamic Jihad, the IDF has still not taken over the entire Gaza Strip. The IDF has yet to dismantle the entire military apparatus of Hamas. The most severe issue: many of the hostages have not been released despite their deteriorating physical and mental condition day by day, endangering their survival.

Sweden Acquires 321 Patria Armored Vehicles in €470 Million Deal

The Swedish Defense Procurement Agency (FMV) has signed a contract to purchase 321 6x6 armored vehicles from the Finnish-Norwegian company Patria, valued at around €470 million.

These 321 vehicles, known as Pansarterrängbil 300 in Sweden, will be stationed at the Livgardet regiment in Kungsängen and several other units nationwide. Patria had previously delivered 20 6x6 vehicles under a separate contract signed in April 2023.

Commentary | Some considerations on Xianggang (known as Hong Kong)

Imperialism in its most hideous forms - i.e. colonialism and neo-colonialism - is like a leopard that cannot change its spots.

U.S. to Supply Javelin Anti-Tank Missile Systems to Morocco

The U.S. State Department has approved the sale of Javelin anti-tank missile systems to Morocco at an estimated total cost of $260 million. As part of this sale, Morocco will be supplied with 612 Javelin FGM-148F missiles, which include 12 fly-to-buy missiles, along with 200 Javelin lightweight command launch units (LWCLUs).

U.S. to Supply Bahrain with 50 M1A2 Abrams Main Battle Tanks

The U.S. State Department has approved the sale of 50 M1A2 SEPv3 Abrams main battle tanks to Bahrain, with an estimated total cost of $2.2 billion. Alongside these tanks, Bahrain will also receive four M88A2 HERCULES combat recovery vehicles, eight M1110 joint assault bridges, eight M1150 assault breacher vehicles, and eight heavy assault scissor bridges (HASB), as well as light and heavy machine guns, M250 smoke grenade launchers, and various types of ammunition.

Elbit Secures Contract to Provide AN/PVS-14 Monocular Night Vision Devices to U.S. Army

Elbit Systems of America has been awarded a $12 million contract to supply the US Army with an undisclosed number of AN/PVS-14 monocular night vision devices. Designed to provide troops with the capability to accurately engage targets in low-light environments, the AN/PVS-14 is a helmet-mounted, passive device that operates in conjunction with rifle-mounted aiming lights.

Cybertech Latin America Attracts Global Cyber Leaders to Panama

Over 1,000 cyber experts and executives from around the world attended Cybertech Latin America, held last week for the sixth consecutive year in Panama City. Panama aims to become a sustainable investment hub and is seeking to enhance its cooperation with the State of Israel in technological and economic field

Commentary | IDF Concealing Failed Interception of Cruise Missile Fired at Eilat

Yesterday (Tuesday), the IDF declared in a statement that the “aerial target” that fell north of the city of Eilat on Sunday night was a guided missile, which came from the direction of the Red Sea, and fell in an open area.

“The target was tracked by Air Force units. There are no casualties and no damage was caused. The incident is under investigation," the statement concluded.