IMI

'Win-Win' in IMI privatization deal

Privatization of IMI Systems includes successful move to the south and weapon procurement.

State-owned maker of Uzi submachine gun to be sold to Elbit Systems.

IMI Systems held a demonstration of its products last week under the heading “Artillery Systems – the Next Generation.”

The 120mm Hatzav delayed action cartridge first penetrates outer wall of structure, then explodes.

Part of IMI's operations will handled by a new government company, and the remainder will be privatized.

India's defense ministry seized $70 million under an 'integrity agreement' amid a bribery scandal it alleges IMI officials were involved in

A NIS 1.1b debt write-off for Israel Military Industries and retirement for 950 workers is proposed in a deal to privatize the company.