Israel has finalised the sale of state-owned IMI Systems, former maker of the Uzi submachine gun, to defence firm Elbit Systems for $495 million, Elbit said on 25 November. The government began the ...

FILE PHOTO: Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. Picture taken February 26, 2017. REUTERS/Baz Ratner JERUSALEM (Reuters) ...

Elbit Systems has reached an agreement with the Israeli government for the tender of state shares related to the company’s pending $495 million acquisition of IMI Systems, which is also based in ...

DULLES, Va.--(BUSINESS WIRE)--Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, and IMI Systems Ltd. have announced a teaming agreement in which Orbital ATK will produce ...

TEL AVIV (Reuters) - Israeli defence firm Elbit Systems (ESLT.TA) (ESLT.O), which is in the final stages of buying state-owned rival IMI Systems, is already on the hunt for more acquisitions, its ...

TEL AVIV — A $98 million Pentagon award to Raytheon and its principal partner Israel Military Industries (IMI) is fortifying the position of the Israeli state-owned firm as it heads into the final ...

IMI Systems has developed a new round that combines the advantages of 5.56mm and 7.62mm rounds, the company announced on 4 February. According to the company the new 5.56mm Armour Piercing Match (APM) ...

TEL AVIV, May 28 (Reuters) - Israeli defence electronics firm Elbit Systems reported a rise in first-quarter net profit on Tuesday and forecast further improvements in 2019 following its acquisition ...

JERUSALEM (Reuters) - Israeli defense contractor Elbit Systems (ESLT.TA) said on Sunday it completed a $500 million deal to buy state-owned rival IMI Systems after receiving government approval for ...