22 October 2021
by Charles Forrester
Israel's Elbit Systems announced on 21 October that it had signed an agreement to sell its 84.98% stake in component manufacturer Ashot Ashkelon to private equity fund FIMI Opportunity Funds.
The deal is valued at USD88 million and will involve Elbit Systems also selling its capital notes in the firm to FIMI. An expected timeline for the sale was not disclosed, however, it remains subject to regulatory approvals and other closing terms.
The remaining 15.02% of the company stake will be a free-float on the Tel Aviv Stock Exchange.
24 April 2024
by Jeremy Binnie
A still from a video released on 21 April shows the Iraqi Army Aviation Command stand at IQDEX in Baghdad. (Iraqi Ministry of Defence)
Iraqi Army Aviation Command (IAAC) has confirmed it has ordered, if not already received, Chinese-made CH-5 unmanned aerial vehicles (UAVs).
The command's stand at the International Defense Exhibition in Iraq (IQDEX) held in Baghdad from 20 to 23 April was decorated with posters that showed all the aircraft it has in service, which included the CH-5 next to the CH-4 UAV operated by its 100 Squadron.
24 April 2024
by Zach Rosenberg
A GA-ASI Mojave UAV performs a gun-run with a Dillon DAP-6 podded minigun. (GA-ASI)
General Atomics Aeronautical Systems, Inc (GA-ASI) has tested a podded gun on its Mojave short take-off and landing (STOL) unmanned aerial vehicle (UAV), the company said in a 23 April release.
23 April 2024
by Jeremy Binnie
Chad's new Aksungur is seen warming up for take-off in a still from a video released by the AAT. (Armée de l'Air Tchadienne)
The Chadian Air Force (AAT) has revealed it has received at least one Turkish Aerospace (TUSAŞ) Aksungur unmanned aerial vehicle (UAV).
It released a video on 21 April that included footage of an Aksungur with AAT markings and the Turkish-format serial 23013 taking off from Adji Kosseï Air Base at N'Djamena International Airport armed with eight MAM-L small laser-guided bombs. The video also featured AAT personnel being trained by TUSAŞ in Türkiye.
Israel's Elbit Systems announced on 21 October that it had signed an agreement to sell its 84.98% st...
In this podcast Janes analysts discuss the Iranian attacks on Israel on the 14 April. They highlight the military systems used by Iran and the performance and impact of these on Israel. They also discuss the implications of this attack goi...
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