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Tag Archives: IMI
Haifa, Israel, November 25, 2018 – Elbit Systems Ltd. (NASDAQ:ESLT and TASE: ESLT) (“Elbit Systems”) announced today that it completed the acquisition of IMI Systems Ltd. (“IMI”) for a purchase price of approximately $495 million (NIS 1.8 billion), with an … Continue reading
Israeli-Based Israeli Military Industries Develops New Armor Piercing Match 5.56 Round That Outperforms M80 7.62 x 51 mm
IMI Systems’ Small Caliber Ammunition Division, the rounds manufacturer, claims their new 5.56 APM combines the features of the 5.56mm and 7.62mm rounds. The ammunition is claimed to have enhanced accuracy and penetration capabilities, making it a suitable replacement option … Continue reading