Israel inks deal with Elbit to manufacture heavy bombs domestically (NASDAQ:ESLT)


F-15 fighter at the exhibition for Independence Day

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Israel’s Defense Ministry has signed two major agreements with Elbit Systems (NASDAQ:ESLT) to supply the Israeli Air Force with thousands of heavy air munitions. The deals, which are estimated to be worth NIS 1B ($276M), will also establish a new facility to manufacture


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