PWC News
Tuesday, June 3, 2025
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

Greece close to buying Elbit rocket launchers – report

Home Business
Share on FacebookShare on Twitter



Greece is shut to purchasing 40 PULS a number of rocket launchers from Elbit Methods, in a deal that can quantity to €500-700 million, the web site of Greek newspaper “Kathimerini” stories. The acquisition is meant to discourage Turkey within the Evros area, which borders Turkey, and within the islands within the Aegean Sea.

Greek Minister of Nationwide Protection Nikos Dendias, who has had a detailed relationship with Israeli governments for a number of years, is predicted to current a big procurement program in February that can be unfold over the following twelve years. As early as this 12 months, the Greek authorities seeks to start out strengthening the nation’s artillery capabilities, and is predicted to current a plan to the related parliamentary committee within the present quarter.

A senior navy supply who spoke to Kathimerini mentioned that Greece aimed to develop artillery capabilities of as much as a variety of 300 kilometers. He mentioned that the choice course of was at a complicated stage, and that Elbit’s PULS was the main candidate. The system can launch unguided rockets, precision munitions, and missiles at numerous ranges. The launcher is absolutely adaptable to present platforms, whether or not wheeled or tracked, which significantly reduces the price of upkeep and coaching.

The Greek navy plans to purchase six forms of ammunition for the European model of the PULS launcher (Euro PULS), which is able to allow it to threaten targets between 35 and 300 kilometers distant. The Greeks additionally search to purchase Elbit’s SkyStriker loitering munition, which may be launched from the identical launcher to a variety of as much as 100 kilometers and may carry a warhead of 5-10 kilograms.

Turkey’s hostility to each Greece and Israel has led to nearer protection cooperation between the 2 nations prior to now few months. That is mirrored in talks on making a multi-layered aerial protection array primarily based on Israeli methods. Greek enterprise web site NewMoney just lately reported that Greece has sought value estimates for Israel Aerospace Industries’ Barak MX built-in radar and air protection system and Rafael’s SPYDER. Neither system is in use by the IDF. The David’s Sling medium to long-range air protection system, collectively developed by Rafael and US firm Raytheon, which is in use in Israel and has been offered to Finland, doesn’t seem within the report, however since Greece seeks a three-layer air protection system, it may be anticipated to be included in any deal.

Printed by Globes, Israel enterprise information – en.globes.co.il – on January 5, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.




Source link

Tags: BuyingCloseElbitGreecelaunchersReportRocket
Previous Post

1 Stock to Buy, 1 Stock to Sell This Week: AMD, Constellation Brands | Investing.com

Next Post

ITC, Bank of Baroda, UCO Bank, RVNL, Bajaj Housing Finance, other shares to track on Monday

Related Posts

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal
Business

Ericsson sells Vodafone Idea stake worth Rs 428 crore via bulk deal

June 3, 2025
SiriusXM’s leader is a new Fortune 500 CEO
Business

SiriusXM’s leader is a new Fortune 500 CEO

June 3, 2025
Finance Ministry rubbishes INC’s digital fraud allegations, calls them ‘deliberate misinformation’: Sources
Business

Finance Ministry rubbishes INC’s digital fraud allegations, calls them ‘deliberate misinformation’: Sources

June 2, 2025
IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures
Business

IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures

June 2, 2025
Applied Digital and CoreWeave ink 15-year lease worth  billion
Business

Applied Digital and CoreWeave ink 15-year lease worth $7 billion

June 3, 2025
BL. Explainer: Why the fuss over RBI’s proposed gold loans norms?
Business

BL. Explainer: Why the fuss over RBI’s proposed gold loans norms?

June 2, 2025
Next Post
ITC, Bank of Baroda, UCO Bank, RVNL, Bajaj Housing Finance, other shares to track on Monday

ITC, Bank of Baroda, UCO Bank, RVNL, Bajaj Housing Finance, other shares to track on Monday

NewtekOne Stock: Bank Conversion Progressing Well (NASDAQ:NEWT)

NewtekOne Stock: Bank Conversion Progressing Well (NASDAQ:NEWT)

Chinese robot vacuum cleaner company reveals model with an AI-powered arm

Chinese robot vacuum cleaner company reveals model with an AI-powered arm

Leave a Reply Cancel reply

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

RECOMMENDED

Big Tech is back in S&P 500 driver’s seat as profit engines hum
Business

Big Tech is back in S&P 500 driver’s seat as profit engines hum

by PWC
June 1, 2025
0

The identical know-how giants that helped drag the S&P 500 to the brink of a bear market in April are...

MIND of Pepe Presale Ends Tomorrow: Last Chance to Buy This AI Agent Coin

MIND of Pepe Presale Ends Tomorrow: Last Chance to Buy This AI Agent Coin

May 30, 2025
‘Serious question’: Creator of viral Trump nickname fears he may tank economy out of spite

‘Serious question’: Creator of viral Trump nickname fears he may tank economy out of spite

May 30, 2025
LVMH warns Chinese are curtailing travel, overseas spending

LVMH warns Chinese are curtailing travel, overseas spending

May 29, 2025
Thailand Targets Five “Unlicensed” Crypto Exchanges, Including Bybit, OKX in Latest Crackdown

Thailand Targets Five “Unlicensed” Crypto Exchanges, Including Bybit, OKX in Latest Crackdown

May 31, 2025
The little gadget powering a smarter energy future: The Octopus Home Mini

The little gadget powering a smarter energy future: The Octopus Home Mini

May 31, 2025
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.