Defense industry

Trump told reporters aboard Air Force One, "I did have issues, and I still do. But Spain, they came back all the way today. Spain was very generous today."

NATO Secretary General Mark Rutte said on Monday that Europeans had made "staggering" increases in defense spending.

According to the Government Companies Authority's valuations, IAI could be listed at a valuation of 100 billion shekels, following a surge in 2025 sales to 7.8 billion dollars.

The announcement comes as threats from drones become common on battlefields, with heavy casualties reported in most active conflicts.

If implemented, both projects could free up capacity at Raytheon and Lockheed Martin factories in the United States and enable the US defense giants to ramp up production at home.

The $3.45 billion deal will fold Ultra Maritime into Lockheed’s rotary and mission systems business, strengthening its naval defense portfolio.

Machlis explained that this comes as countries shift their war strategy, mainly because the "length of conflicts and the scale of the use of munitions require a different industrial readiness.

Traysar was unveiled last week at an industry conference in Detroit. It produces engineering components and digging machines for use against terrorist tunnels and underground military bases

As the MoU nears expiration, Washington must see Israel not as an aid recipient but as a defense partner that strengthens the US industrial base.

Taiwan says it needs to bolster its defenses in the face of a stepped-up threat from China, which claims the island as its own territory.