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Elbit Systems Reports Fourth Quarter And Full Year 2020 Results
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Elbit Systems Ltd (ESLT) Q4 2020 Earnings Call Transcript
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Elbit Systems Reports Fourth Quarter And Full Year 2020 Results
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deepening partnership.
In mid-January, Elbit Systems – one of Israel’s three major defense companies, along with Rafael Advanced Defense Systems and Israel Aerospace Industries – announced that its UK subsidiary had received a $166 million contract for the Royal Navy’s Future Naval Training Program. It was only the latest example of deepening cooperation between the Israel and UK militaries in the face of new threats, new technologies, and new war-fighting strategies.
What Israel Offers: technological innovation married to real-world experience
Increasingly, Israel is a key partner for the UK on defense technology while Israel’s experience over the last several years in confronting complex adversaries on the changing modern battlefield is informing militaries from London to New Delhi. Israel and the UK signed an agreement on military cooperation in December 2020. At the heart of what makes Israel unique, compared to other British partners and allies, is that Israel’s
You can check-in anytime you want
Israeli startup As You Stay lets travelers save money at 400,000+ hotels and properties by eliminating fixed check-in and check-out times. It also states that the current cost of this flexibility is far lower than pre-pandemic. And, unlike the song “Hotel California”, you can always leave!
Investing in mature tech
Israel’s Glilot Capital, which until now specialized in early-stage tech ventures, is launching a new $170 million VC fund focusing on investments in more mature companies. Glilot+ (Glilot Plus), will seek to place $5 – 20 million in each of around 15 enterprise software and cybersecurity companies.
Modernizing British navy’s training