PWC News
Sunday, June 21, 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

Diversify Concentrated EEM With INDY, Amid AI Broadening (NYSEARCA:EEM)
Business

Diversify Concentrated EEM With INDY, Amid AI Broadening (NYSEARCA:EEM)

June 20, 2026
All Trump Is Saying Is Give Peace a Chance
Business

All Trump Is Saying Is Give Peace a Chance

June 21, 2026
Trump tells Axios that he doesn’t see Anthropic as US security threat
Business

Trump tells Axios that he doesn’t see Anthropic as US security threat

June 20, 2026
I watched enterprises buy AI that solved the wrong problem. So I left Dell and built a startup to fix it | Fortune
Business

I watched enterprises buy AI that solved the wrong problem. So I left Dell and built a startup to fix it | Fortune

June 19, 2026
‘Barack, look at me’: Michelle Obama’s emotional words about marriage and life bring Barack Obama to tears. Watch
Business

‘Barack, look at me’: Michelle Obama’s emotional words about marriage and life bring Barack Obama to tears. Watch

June 19, 2026
Jim Cramer sends a stern message to SpaceX buyers
Business

Jim Cramer sends a stern message to SpaceX buyers

June 19, 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

Ollie’s: Buying The Valuation Reset Despite A Messier Comp (NASDAQ:OLLI)
Business

Ollie’s: Buying The Valuation Reset Despite A Messier Comp (NASDAQ:OLLI)

by PWC
June 15, 2026
0

This text was written byComply withI’m a elementary, valuation-driven investor with a robust concentrate on figuring out companies which have...

PayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades | Fortune

PayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades | Fortune

June 17, 2026
FitsAir starts Colombo-Ahmedabad flights | EconomyNext

FitsAir starts Colombo-Ahmedabad flights | EconomyNext

June 20, 2026
Supreme Court Blocks Gun Control – READ IN FULL

Supreme Court Blocks Gun Control – READ IN FULL

June 19, 2026
De Cecco snaps up Italian peer RossoGargano

De Cecco snaps up Italian peer RossoGargano

June 16, 2026
British Airways Signs SAF Purchase Deal Avoiding Nearly 200,000 Tonnes of Carbon Emissions – ESG Today

British Airways Signs SAF Purchase Deal Avoiding Nearly 200,000 Tonnes of Carbon Emissions – ESG Today

June 17, 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.