PWC News
Wednesday, May 6, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Slovakia buys IAI air defense system in 560m deal

Home Business
Share on FacebookShare on Twitter


Israel and Slovakia have accomplished the biggest ever protection export deal between the 2 nations, amounting to €560 million (over NIS 2 billion), for Israel Aerospace Industries’ (IAI) Barak MX air protection system. The system is designed to take care of present and future aerial threats, together with ballistic missiles.




RELATED ARTICLES




IAI unit launches new facility in India


IAI enters $1.9b G2G settlement with Ministry of Protection


IAI unmanned submarine takes half in NATO train






Ministry of Protection director normal Main Basic (res.) Eyal Zamir signed the settlement at army headquarters in Tel Aviv. The deal was led on Israel’s half by Brig. Gen. (Res.) Yair Kulas, director of SIBAT, the Worldwide Protection Cooperation Directorate at Israel’s Ministry of Protection; IAI CEO Boaz Levy; and Brig. Gen. (res.) Man Bar Lev, govt VP and normal supervisor of the Methods Missiles & Area Group at IAI.

The Barak MX system helps numerous sorts of radar and launchers for protection towards fight plane, helicopters, UAVs, cruise missiles, ground-to-air missiles, and ground-to-ground missiles. The system is predicated on a complicated, operationally confirmed management middle that facilitates the mixing of a number of interceptor missiles: the Barak MRAD short-range interceptor, which is launched vertically at excessive pace to take care of threats inside 35 kilometers, and carries a radar-based homing warhead with a single pulse rocket motor; the Barak LRAD medium vary interceptor, for threats as much as 70 kilometers distant, with a twin pulse motor; and the long-range Barak ER, outfitted with a twin pulse rocket motor and a booster, that has a variety of 150 kilometers.

The motors for the assorted interceptors are produced by state-owned firm Tomer. The one mannequin in use in Israel’s air protection array is the Barak LRAD, which underwent a trial in August. The Barak LRAD is put in on the Israel Navy’s Saar 6 warships. Within the trial, the system intercepted a missile launched towards a goal simulating a “strategic maritime asset” – presumably a gasoline manufacturing platform, which the Saar 6 ships are designed to guard.

In November final 12 months, the Barak MX system was bought to Azerbaijan in a $1.2 billion deal. Israel and Greece are presently in negotiations on the sale to Greece of a multi-layer air protection array incorporating a number of Israeli methods.

Printed by Globes, Israel enterprise information – en.globes.co.il – on December 23, 2024.

© Copyright of Globes Writer Itonut (1983) Ltd., 2024.




Source link

Tags: airBuysdealdefenseIAISlovakiasystem
Previous Post

Ethiopia Signals Potential Shift on Cryptocurrency Stance – News Bytes Bitcoin News

Next Post

Top 10 Posts from 2024: Private Markets, Stocks for the Long Run, Cap Rates, and Howard Marks

Related Posts

The CEO of Trek Bicycle reads 52 books a year, hates smartphones, and thinks Milton Friedman was wrong | Fortune
Business

The CEO of Trek Bicycle reads 52 books a year, hates smartphones, and thinks Milton Friedman was wrong | Fortune

May 6, 2026
El Puerto de Liverpool, S.A.B. de C.V. 2026 Q1 – Results – Earnings Call Presentation (OTCMKTS:ELPQF) 2026-05-05
Business

El Puerto de Liverpool, S.A.B. de C.V. 2026 Q1 – Results – Earnings Call Presentation (OTCMKTS:ELPQF) 2026-05-05

May 6, 2026
Emcure hits the “sweet spot” on weightloss brand Poviztra, says executive
Business

Emcure hits the “sweet spot” on weightloss brand Poviztra, says executive

May 5, 2026
Israelis’ wealth grows 80% in six years
Business

Israelis’ wealth grows 80% in six years

May 5, 2026
Positive Breakout: These 14 stocks cross above their 200 DMAs – Upside Ahead?
Business

Positive Breakout: These 14 stocks cross above their 200 DMAs – Upside Ahead?

May 5, 2026
Biodesix raises 2026 revenue outlook to 8M-4M as it targets sustained adjusted EBITDA profitability (NASDAQ:BDSX)
Business

Biodesix raises 2026 revenue outlook to $108M-$114M as it targets sustained adjusted EBITDA profitability (NASDAQ:BDSX)

May 5, 2026
Next Post
Top 10 Posts from 2024: Private Markets, Stocks for the Long Run, Cap Rates, and Howard Marks

Top 10 Posts from 2024: Private Markets, Stocks for the Long Run, Cap Rates, and Howard Marks

Unlocking the Potential of a Distributor Management System

Unlocking the Potential of a Distributor Management System

BB Earnings: A snapshot of BlackBerry’s Q3 2025 financial results | AlphaStreet

BB Earnings: A snapshot of BlackBerry’s Q3 2025 financial results | AlphaStreet

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Repricing the AI Narrative | EI Blog
Investing

Repricing the AI Narrative | EI Blog

by PWC
May 4, 2026
0

Synthetic intelligence (AI) is quickly evolving from an experimental functionality right into a core manufacturing enter throughout industries. Public markets...

Emcure hits the “sweet spot” on weightloss brand Poviztra, says executive

Emcure hits the “sweet spot” on weightloss brand Poviztra, says executive

May 5, 2026
CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today

CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today

May 3, 2026
Leumi Partners invests NIS 200m in Landora

Leumi Partners invests NIS 200m in Landora

May 4, 2026
Is IBM Finally Turning The Big Blue Ship Around? – Nanalyze

Is IBM Finally Turning The Big Blue Ship Around? – Nanalyze

May 2, 2026
ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today

ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today

May 4, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.