Elbit Systems

Foresight Announces First Quarter 2024 Financial Results

Retrieved on: 
Dienstag, Mai 28, 2024
SoftBank Group, Net, Elbit Systems, Bank statement, NESS, Sale, Marketing, Foresight, Consultant, POC, GAAP, Vehicle, Research, Perception, Cryptocurrency

NESS ZIONA, Israel, May 28, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, today reported financial results for the first quarter of 2024.

Key Points: 
  • NESS ZIONA, Israel, May 28, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, today reported financial results for the first quarter of 2024.
  • “During the first quarter of 2024, Foresight successfully completed two POC projects with a leading Japanese vehicle manufacturer.
  • Foresight Successfully Completes Project with Prominent Japanese Vehicle Manufacturer: In February 2024, Foresight announced the completion of two POC projects with a leading Japanese vehicle manufacturer.
  • Financial income, net for the three months ended March 31, 2024 was $1,373,000, compared to financial income, net of $60,000 for the three months ended March 31, 2023.

Global Defense Electronics Obsolescence Industry Research, 2023-2024 and 2028 with Raytheon Technologies, BAE Systems, L3Harris Technologies, Thales and Elbit Systems Dominating - ResearchAndMarkets.com

Retrieved on: 
Montag, Mai 13, 2024
Defense, Technology, Software, Government Technology, Other Defense, Hardware, Intelligence, Region, USD, Risk, HMDS, System, Elbit Systems, Raytheon Technologies, Growth, Research, Communication, BAE Systems, Radar, War, Navigation system, L3Harris Technologies, User interface, Sensor, Aircraft flight control system, PLS, Electronics

The global defense electronics obsolescence market size is projected to grow from USD 2.5 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 8.2% from 2023 to 2028.

Key Points: 
  • The global defense electronics obsolescence market size is projected to grow from USD 2.5 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 8.2% from 2023 to 2028.
  • Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel) are some of the leading players operating in the Defense electronics obsolescence market.
  • The market for defense electronics obsolescence has been divided into six segments: sensors, flight control, electronic warfare, human-machine interface, communication systems, and navigation systems.
  • Based on platform, the defense electronics obsolescence market has been segmented into Land, Naval, and Airborne.

Similarweb Appoints Rami Myerson to Lead Investor Relations

Retrieved on: 
Montag, Mai 6, 2024
Software, Mobile, Wireless, Internet, Professional Services, Search Engine Optimization, Search Engine Marketing, Data Management, Technology, Data Analytics, Marketing, Advertising, Communications, Hebrew University of Jerusalem, Elbit Systems, Al-Quds, Head, CFA, Defense

Similarweb Ltd. (NYSE: SMWB), a leading digital data and web analytics company, announced the appointment of Rami Myerson as Vice President, Investor Relations, effective immediately.

Key Points: 
  • Similarweb Ltd. (NYSE: SMWB), a leading digital data and web analytics company, announced the appointment of Rami Myerson as Vice President, Investor Relations, effective immediately.
  • Myerson joins Similarweb from Elbit Systems, a $9 billion defense technology company, where since 2019 he had served as Head of Investor Relations.
  • Before that, he spent 12 years as a sell-side equity research analyst in London and Tel-Aviv, covering Aerospace and Defense and Israeli companies.
  • Myerson holds a BA in Economics and Middle Eastern Studies from the Hebrew University and is a CFA Charterholder.

UAV (Drone) Market worth $48.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mittwoch, Mai 8, 2024
Cargo, UAV, Aeronautics, Consumer, Elbit Systems, Air taxi, Agriculture, Unmanned aerial vehicle, Transport, Lockheed Martin, Commercial, Thales Group, Personal air vehicle, Component, Rotorcraft, Augmented reality, AeroVironment, Region, Northrop Grumman, Virtual reality, Open source, Urban Air Mobility, Logistics, General Atomics Aeronautical Systems, Growth, Defense

The Fully Autonomous segment of the UAV (Drone) market is segment of the Unmanned Aerial Vehicle (UAV) market is projected to exhibit the highest CAGR.

Key Points: 
  • The Fully Autonomous segment of the UAV (Drone) market is segment of the Unmanned Aerial Vehicle (UAV) market is projected to exhibit the highest CAGR.
  • These advancements are critical for expanding UAV applications in commercial, military, and recreational sectors, thereby driving the market expansion of fully autonomous UAVs.
  • By Range, the UAV (Drone) market for the BVLOS segment is projected to grow at the highest CAGR during the forecast period.
  • The Platform segment within the UAV (Drone) market is projected to dominate in terms of market share.

UAV (Drone) Market worth $48.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mittwoch, Mai 8, 2024
Cargo, UAV, Aeronautics, Consumer, Elbit Systems, Air taxi, Agriculture, Unmanned aerial vehicle, Transport, Lockheed Martin, Commercial, Thales Group, Personal air vehicle, Component, Rotorcraft, Augmented reality, AeroVironment, Region, Northrop Grumman, Virtual reality, Open source, Urban Air Mobility, Logistics, General Atomics Aeronautical Systems, Growth, Defense

The Fully Autonomous segment of the UAV (Drone) market is segment of the Unmanned Aerial Vehicle (UAV) market is projected to exhibit the highest CAGR.

Key Points: 
  • The Fully Autonomous segment of the UAV (Drone) market is segment of the Unmanned Aerial Vehicle (UAV) market is projected to exhibit the highest CAGR.
  • These advancements are critical for expanding UAV applications in commercial, military, and recreational sectors, thereby driving the market expansion of fully autonomous UAVs.
  • By Range, the UAV (Drone) market for the BVLOS segment is projected to grow at the highest CAGR during the forecast period.
  • The Platform segment within the UAV (Drone) market is projected to dominate in terms of market share.

Elbit Systems Awarded Approximately $53 Million Contract to Supply Crossbow Unmanned Turreted Mortar Systems for a European Customer

Retrieved on: 
Mittwoch, Mai 8, 2024
General Dynamics Land Systems, Elbit Systems, Exhibition, Crossbow, APC, Iron, Telescopic sight

HAIFA, Israel, May 8, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract worth approximately $53 million to supply the Crossbow Unmanned Turreted 120mm Soft Recoil Mortar Systems to General Dynamics European Land Systems (GDELS) for the installation on Pandur 6x6 APC wheeled armored vehicle for a European customer.

Key Points: 
  • HAIFA, Israel, May 8, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract worth approximately $53 million to supply the Crossbow Unmanned Turreted 120mm Soft Recoil Mortar Systems to General Dynamics European Land Systems (GDELS) for the installation on Pandur 6x6 APC wheeled armored vehicle for a European customer.
  • This marks the first contract signed for the supply of the Crossbow since its unveiling at the DSEI exhibition in London in 2023.
  • Elbit Systems' Crossbow offers high protection and survivability for the mortar operator's crew and a short sensor-to-shooter circle, and is capable of shooting the first round in less than 30 seconds.
  • Yehuda (Udi) Vered, General Manager of Elbit Systems Land: "We are proud to receive the first order from a leading international costumer for our state-of-the-art Crossbow Unmanned Turreted Mortar System.

Elbit Systems Schedules First Quarter 2024 Results Release For May 28, 2024

Retrieved on: 
Montag, Mai 6, 2024
Elbit Systems, Conference, Eastern Time Zone

HAIFA, Israel, May 6, 2024 /PRNewswire/ --  Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it will be releasing its first quarter 2024 financial results on Tuesday, May 28, 2024. 

Key Points: 
  • Conference Call Scheduled for May 28, 2024 at 9:00am ET
    HAIFA, Israel, May 6, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it will be releasing its first quarter 2024 financial results on Tuesday, May 28, 2024.
  • The Company will host a conference call on May 28, 2024 at 9:00am Eastern Time.
  • On the call, management will review and discuss the results and will be available to answer questions.
  • To participate, please call one of the teleconferencing numbers that follow:

Elbit Systems Awarded $37 Million Contract to Supply Iron Fist APS for Upgrading U.S. Army's Bradley IFVs

Retrieved on: 
Sonntag, Mai 5, 2024
Surface warfare, APS, Elbit Systems, General Dynamics, Wire-guided missile, ATGM, UAS, Iron Fist, ATR, Arms industry

HAIFA, Israel, May 5, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded an initial contract of approximately $37 million to supply Iron Fist Active Protection Systems (APS) to General Dynamics Ordnance and Tactical Systems (GD-OTS) for upgrades to the U.S. Army's Bradley M2A4E1 Infantry Fighting Vehicles (IFVs).

Key Points: 
  • HAIFA, Israel, May 5, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded an initial contract of approximately $37 million to supply Iron Fist Active Protection Systems (APS) to General Dynamics Ordnance and Tactical Systems (GD-OTS) for upgrades to the U.S. Army's Bradley M2A4E1 Infantry Fighting Vehicles (IFVs).
  • The Iron Fist APS is an advanced Hard Kill system aimed at enhancing the self-defense capabilities of armored platforms against modern battlefield threats.
  • It is the Israel Defense Force's Second-Generation APS and is characterized by high performance and low volume, weight and power requirements.
  • Yehuda (Udi) Vered, General Manager Elbit Systems Land: "Our Iron Fist Active Protection Systems represent the highest level of innovation, offering comprehensive protection against evolving threats on the modern battlefield.

Global AI-based Cognitive Electronic Warfare (CEW) Research Report 2024: Lockheed Martin, BAE Systems, and Elbit Systems Lead the Market - Forecasts to 2034 - ResearchAndMarkets.com

Retrieved on: 
Freitag, Mai 3, 2024
Technology, Artificial Intelligence, Defense, Military, Intelligence, Elbit Systems, CEW, Region, Component, Algorithm, Growth, BAE Systems, Lockheed Martin, AI

The global AI-based cognitive electronics warfare market is witnessing substantial growth, driven by various factors and market drivers.

Key Points: 
  • The global AI-based cognitive electronics warfare market is witnessing substantial growth, driven by various factors and market drivers.
  • The rising awareness of the significance of AI-based defense technologies acts as a significant driver for the global AI-based cognitive electronics warfare market.
  • The integration of AI-based algorithms and cognitive computing presents lucrative opportunities for the expansion of the AI-based cognitive electronics warfare market.
  • The global AI-based cognitive electronics warfare market is experiencing robust growth, fueled by the growing emphasis on defense modernization, technological advancements, and the increasing adoption of AI-based cognitive electronic warfare solutions to counter emerging electronic warfare threats across several defense domains and operational theaters.

Elbit Systems Awarded Approximately $50 Million Contract for a New Air Defense System by an International Customer

Retrieved on: 
Dienstag, April 30, 2024
SIGINT, Elbit Systems, Radar, Intelligence cycle, Red Sky, Anti-aircraft warfare, EO

HAIFA, Israel, April 30, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today it was awarded a contract in an amount of approximately $50 million for its new air defense system, "Red Sky"™, by an international customer.

Key Points: 
  • HAIFA, Israel, April 30, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today it was awarded a contract in an amount of approximately $50 million for its new air defense system, "Red Sky"™, by an international customer.
  • The Red Sky is a Tactical Very Short-range Air Defense (VSHORAD) System designed to provide protection against low-altitude aerial threats.
  • As part of the contract, Elbit Systems will supply two Red Sky batteries, offering a comprehensive solution that integrates both soft-kill and hard-kill defense capabilities.
  • This solution includes Elbit Systems' Redrone, an electronic warfare (EW) solution designed for detecting, identifying, locating and neutralizing unmanned aerial systems.