Israel Aerospace Industries to merge with Green Pine radar developer Elta Systems
Elta, headquartered in Ashdod, is responsible for a wide range of advanced technologies, including the "Green Pine" radar system, Israel's high-power radar, and various interception systems.
Assessment
A major consolidation is underway in Israel's defense sector as IAI absorbs Elta, the developer of the Green Pine radar. This merger concentrates critical radar and interception technology under one state-owned roof, potentially streamlining production and R&D for systems like the Arrow missile defense. The move signals an effort to sharpen competitive edge and secure supply chains for advanced military hardware.