Quantcast

Latest Economy of Israel Stories

2014-06-22 04:20:03

HAIFA, Israel, June 22, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract, valued at approximately $20 million, for the supply of upgraded armoured personnel carriers (APCs) to the Philippines Armed Forces. The upgrade will include 25 mm unmanned turrets, 12.7 mm remote controlled weapon stations (RCWS) and fire control systems (FCS) for 90 mm turrets. The APCs will be supplied over a one-year period. The...

2014-06-18 04:20:11

FORT WORTH, Texas, June 18, 2014 /PRNewswire/ -- Dennis Murphy, of Elbit Systems of America, will participate in a panel discussion regarding the importance of Israeli Innovation and Technology in Cyber Security at the second annual Cyber Security for Oil and Gas Conference on June 18. The conference will be held at the Doubletree, Greenway Plaza, in Houston, Texas on June 16-18, 2014. "The global prominence of Israel's technology in the cyber security industry is...

2014-06-12 08:21:02

HAIFA, Israel, June 12, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE:ESLT) (the "Company") announced that its subsidiary, Elbit Systems Electro-Optics-Elop Ltd., has decided to withdraw its lawsuit filed against the Government of Israel in November 2012 for damages and expenses caused in connection with the cancellation of export licenses for a project of a foreign customer. About Elbit Systems Elbit Systems Ltd. is an international defense...

2014-05-29 12:23:34

TEL AVIV, Israel, May 29, 2014 /PRNewswire/ -- Delek Group Ltd. (TASE: DLEKG, OTCQX: DGRLY) (hereinafter: "Delek Group" or "The Group") announced today its results for the three month period ending March 31, 2014. The full financial statements are available in English on Delek Group's website at: www.delek-group.com. FIRST QUARTER 2014 HIGHLIGHTS -- Delek Group continued to complete a number of strategic steps to increase focus on its E&P assets; signed an agreement to...

2014-05-28 04:20:58

HAIFA, Israel, May 28, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE:ESLT) ("Elbit Systems") announced today that it was awarded a contract to supply systems in an amount of $133 million for Homeland Security (HLS) applications to a customer in the Latin American region. The systems are based on highly advanced and unique technologies, including command, control and intelligence capabilities to be operated via dedicated control centers intended to play a major role...

2014-05-18 16:20:05

HAIFA, Israel, May 18, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) (the "Company") announced, further to its announcement of May 18, 2014 (the "Prior Announcement"), that there was an inadvertent mistake regarding the amount of one of the contracts mentioned in the Prior Announcement, which should have been $2.5 million rather than $8.5 million. As the result, the total amount of the two contracts awarded to Elbit Systems of America, LLC, ("Elbit Systems of...

2014-05-18 08:20:05

FORT WORTH, Texas, May 18, 2014 /PRNewswire/ -- Elbit Systems of America, LLC, a wholly-owned subsidiary of Elbit Systems, Ltd., has been awarded two contracts, totaling $14.1 million, supporting the U.S. Marine Corps' upgrade of their Bell AH-1W attack helicopter fleet. One contract, in the amount of $11.6 million, calls for Elbit Systems of America to provide helmet display tracker system (HDTS) kits on the aircraft. The HDTS significantly improves flight safety by...

2014-05-18 04:20:04

HAIFA, Israel, May 18, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE:ESLT) ("Elbit Systems") announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, LLC ("Elbit Systems of America"), has been awarded two contracts, totaling $20.1 million, to support the U.S. upgrade of the U.S. Marine Corps' Bell AH-1W attack helicopter fleet. The first contract, in the amount of $11.6 million, calls for Elbit Systems of America to provide helmet display tracker...

2014-05-15 08:21:37

AZOUR, Israel, May 15, 2014 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of NIS 0.66 per share or $0.19 per share, totaling approximately NIS 13.8 million or US$4.0 million. The dividend will be paid to shareholders of record as of June 18, 2014. The Company will pay the dividend out on July 3, 2014. In its decision to approve the distribution of the cash...

2014-05-15 08:20:54

Record Revenue of $45.5m; Record operating profit of $11.7m AZOUR, Israel, May 15, 2014 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN, TASE: ITRN), today announced its consolidated financial results for the first quarter ended March 31, 2014. Highlights of the first quarter -- Net subscribers adds in the quarter amounting to 17 thousand, to a record of 758 thousand as of March 31, 2014; -- Record operating margin at 25.7% -- EBITDA of $14.4 million or...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.