Expanding defense tech production

Israeli defense giant Elbit Systems has raised $512 million on Nasdaq to help expand its production of military systems. On 31st March, Elbit had a record $23.1 billion backlog of orders. The new cash will be used to establish more infrastructure and invest more in R&D.

https://en.globes.co.il/en/article-elbit-systems-raises-512m-on-nasdaq-for-production-expansion-1001511132

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