Analysis & Reports

Elbit Systems signed contracts worth approximately $270 million to supply ISR and targeting payloads, including the SPECTRO family of systems and AMPS NG systems, designed for various military applications. The contracts will be executed over a period of up to six years. Elbit Systems, based in Haifa, Israel, is a global leader in ISR and targeting solutions.

The United Arab Emirates Air Force intercepted an Iranian drone over its territorial waters on August 31, 2026. This incident follows the detection of two ballistic missiles launched from Iran towards maritime navigation. The UAE denies Iranian claims of an attack on the Al Minhad airbase, emphasizing its commitment to protecting its sovereignty amid rising tensions with Iran.

Ahmed Al-RashidTue Sep 01 2026Loading...

Elbit Systems signed contracts worth approximately $270 million for advanced ISR and Targeting payloads in Haifa, Israel, on September 1, 2026. The contracts involve supplying SPECTRO™ and AMPS™ NG systems, which enhance target identification and intelligence gathering capabilities across various operational environments. These systems integrate advanced imaging channels and AI-based analytics for effective ISR and targeting missions.

The U.S. State Department approved the sale of approximately $800 million worth of helicopters to Iraq on August 31, 2023. The deal includes Bell 412EPX and Bell 407M helicopters, along with logistical support. This military sale aims to enhance Iraq's capabilities in transportation, reconnaissance, and ground target strikes to address current and future security threats.

The INS Drakon, a new Israeli submarine, was handed over to the Israeli Navy after successful sea trials as of July 2026. It features a notably larger sail than previous Dolphin-class submarines, potentially allowing for advanced weapon systems. The submarine's design may serve as a testbed for future technologies in the Dakar program, reflecting a strategic partnership with German submarine builders.

Iran launched missiles at U.S. military targets in Jordan and the UAE on August 31, 2023, in retaliation for U.S. airstrikes on Larak Island the previous day. The U.S. had targeted Iranian rocket launchers, claiming they posed a threat to navigation in the Hormuz Strait. Iran's military actions included the use of drones and missile strikes, while the UAE reported intercepting all incoming missiles.

The Remington 870 shotgun has been a staple in U.S. military and law enforcement since its introduction in the 1950s, with significant use during the Vietnam War and ongoing conflicts in Iraq and Afghanistan. Known for its reliability and versatility, it is employed in roles such as close-quarters combat and breaching operations. Over 11 million units have been sold, reflecting its enduring appeal in both military and civilian markets.

Israel and Greece signed a $3.4 billion deal for air defense systems today in Tel Aviv. The agreement includes the multi-layered Achilles’ Shield and other systems like David’s Sling and Barak MX, marking a significant expansion in defense cooperation. Greek Minister of National Defense Nikos Dendias emphasized the deal's importance in addressing geopolitical challenges.

Israel signed a €3 billion defense deal with Greece to build a multi-layered air defense system. The agreement includes the supply of David's Sling and SPYDER systems, as well as a new command-and-control system. Greece aims to modernize its military, planning to spend €28 billion by 2036, which includes acquiring F-35 fighter jets.

Greece signed a €3.035 billion defense agreement with Israel to enhance its air defense capabilities amid rising tensions with Turkey. The deal includes advanced systems such as David's Sling and SPYDER interceptors, with significant participation from Greek firms. This move indicates Greece's shift towards a more autonomous defense strategy in response to regional threats.

Alexandra ReevesMon Aug 31 2026Loading...

Israel signed a defense agreement with Greece for a multi-layered air defense system called Achilles Shield, valued at over 3 billion euros. This deal aims to enhance Greece's defense capabilities against various threats, reflecting Israel's increasing role in European defense. The agreement is strategically significant amid rising tensions in the Eastern Mediterranean, particularly concerning Turkey and Iran.

Ahmed Al-RashidMon Aug 31 2026Loading...

MKE is developing a new door gun, the MMT-76, for Turkish helicopters. This initiative is part of ongoing efforts to enhance the capabilities of the Turkish Armed Forces. The development reflects a commitment to advancing defense systems in Turkey.

Israel signed a €3 billion defense export agreement with Greece to establish a comprehensive air defense system, including advanced technologies like the David's Sling and BARAK MX. This deal marks a significant milestone in defense relations, reflecting deep trust in Israeli defense capabilities. The agreement also includes plans for expanded industrial cooperation between the two nations.

Iranian armed forces conducted strikes against U.S. military targets in Jordan and the UAE on August 31, 2023, in retaliation for a U.S. attack on Larak Island. They also shot down a U.S. MQ-9 drone over the Strait of Hormuz. The Iranian military deployed dozens of suicide drones targeting U.S. personnel and helicopters at Al-Minhad Air Base, which the UAE denied was attacked.

Iranian forces launched eight missiles at U.S. positions in Jordan on August 30, 2026, following U.S. strikes on Iranian platforms in the Gulf. The Jordanian military successfully intercepted the missiles. This exchange underscores the ongoing tensions and the strategic implications for regional security and oil markets.

Ahmed Al-RashidMon Aug 31 2026Loading...

The Iranian military conducted drone strikes against Minhad Air Base in the United Arab Emirates on August 31, in retaliation for U.S. airstrikes on Iranian positions. The Islamic Revolutionary Guard Corps (IRGC) claimed to have targeted U.S. military infrastructure in Jordan as part of their response to perceived aggression from the U.S. and Israel.

Qatar is pursuing a $4.5 billion deal for four KC-46A refueling aircraft. A trilateral defense pact has been established between Saudi Arabia, Turkey, and Pakistan, potentially boosting their defense industries. Additionally, the U.S. military is forming a multinational drone task force named Falcon Strike.

U.S. forces conducted airstrikes on Iranian launch sites on Larak Island in response to threats in the Strait of Hormuz. In retaliation, Iran's Islamic Revolutionary Guard Corps launched drones and missiles at U.S. bases in Jordan, causing significant damage but no casualties. This exchange marks the first military engagement between the U.S. and Iran since late July, following a breakdown of a ceasefire agreement.

U.S. forces conducted airstrikes on Iranian rocket launch sites on Larak Island in response to threats in the Strait of Hormuz. In retaliation, Iran's Islamic Revolutionary Guard Corps targeted U.S. bases in Jordan with drones and missiles, causing significant infrastructure damage. Jordan's military intercepted eight missiles, reporting no casualties. This exchange marks the first military engagement between the U.S. and Iran since late July.

On August 30, U.S. Central Command conducted airstrikes against Iranian Revolutionary Guard rocket launchers on Larak Island, citing an imminent threat in the Strait of Hormuz. The U.S. described the operation as limited and precise to protect commercial shipping and global trade. In response, the Iranian Revolutionary Guard launched missiles and drones targeting U.S. military bases in Jordan.