Photo: Elbit Systems

Greek Defense Minister Nikolaos Panagiotopoulos with Yoram Shmuely, General Manager of Elbit's Aerospace Division, right after the signing of the agreement

Giant defense deal, worth 5.4 billion shekels, signed by defense ministries of Israel, Greece 

The agreement between the countries includes the establishment and operation of an international flight training center for the Hellenic Air Force by Israel's Elbit Systems for about 20 years. The deal is worth about $1.65 billion (about 5.4 billion shekels)

Ohad Bobrov (R) and Ofer Ben-Noon. Photo: Shlomi Yosef

Israel's Talon raises $26 million

The founders of Talon, which was established in February, are Ofer Ben-Noon, who established automotive cybersecurity company Argus, and Ohad Bobrov, who established mobile phone cybersecurity company Lacoon Security