The ATI will receive £685 million from the government for the financial years 2022-2023 through to 2024-2025, an increase of £235 million on the previous three-year period. Industry will provide co-funding, taking the total to more than £1 billion.

ADS Chief Executive Kevin Craven said: “This is …

The Ministry of Defence and Bharat Electronics Limited (BEL) concluded a contract for supply of Advanced Electronic Warfare (EW) suite for fighter aircraft of Indian Air Force. The contract was signed between MoD and M/s BEL, here today. The overall cost of the contract is estimated to be INR 1993 c…

ELKRIDGE, MD. — Teledyne FLIR Defense, part of Teledyne Technologies Incorporated, today announced the launch of a new Lightweight Vehicle Surveillance System (LVSS) with revolutionary air domain awareness (ADA) and advanced counter-unmanned aerial system (C-UAS) capabilities.

The LVSS ADA C-U…

TEL AVIV — Rafael Advanced Defense Systems Ltd. has released its financial results for the 2021 fiscal year as was approved by the company’s Board of Directors, with a total of $3.075 billion in sales, and a net profit of $133 million.

In 2021, Rafael registered over 4.7 billion dollars in ord…

HAIFA, Israel — Elbit Systems Ltd. reported today its consolidated results for the fourth quarter and full year ended December 31, 2021.

In this release, the Company is providing US-GAAP results as well as additional non-GAAP financial data, which are intended to provide investors a more compre…