No Result
View All Result
  • Login
Monday, September 15, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Morocco completes trial of Israeli Extra guided missile

by FeeOnlyNews.com
3 weeks ago
in Business
Reading Time: 2 mins read
A A
0
Morocco completes trial of Israeli Extra guided missile
Share on FacebookShare on TwitterShare on LInkedIn



Morocco has completed the successful trial of an Extra guided missile produced by Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) and Israel Aerospace Industries (IAI), as part of a training exercise in the southeast of the country, Moroccan news agency MWN reports. The 306 millimeter rockets have a range of 150 kilometers and a warhead weighing 120 kilograms.

The trial has taken place about two years after Morocco procured Elbit’s PULS multiple rocket launchers, in a deal worth $150 million with deliveries completed by 2026. PULS is a system that provides a comprehensive solution, capable of launching unguided rockets, precision munitions, and missiles at various ranges. The launcher is fully compatible with existing platforms, whether wheeled or tracked, thus allowing a significant reduction in maintenance and training costs, while being able to hit targets at a maximum range of 300 kilometers. According to the report, one of the Extra rockets, which is already in use by various countries such as Azerbaijan, reached the maximum range and hit the target.

Not making do with current procurements

Data from the Stockholm International Peace Research Institute (SIPRI) shows that Israel was Morocco’s third largest source of defense imports between 2019 and 2023, with 11% of all procurement, even though relations between the countries were only established as part of the Abraham Accords in 2020. According to reports, the Moroccans are not making with the procurements so far, and are considering buying 200-300 units of IAI’s Harpoon and Harpy loitering munitions, with ranges of 1,000-500 kilometers, in a deal worth $120 million.

Morocco already operates various Israeli-made unmanned aerial vehicles, including the Bluebird Spy X, and Elbit’s Skystriker. Bluebird CEO Ronen Nadir said last year that the company, which also supplies Morocco with the Wonder B and Thunder B systems, had also set up an assembly line in the country, as part of Morocco’s efforts to expand their security independence.

The expansion of Morocco’s procurement from Israeli defense industries is at the expense of French companies. Consequently France is trying to limit Israel’s presence at exhibitions in France. In July 2024, Morocco chose to purchase Ofek 13 satellites from IAI, instead of its previous French suppliers, Airbus and Thales. Then, in February, Morocco reportedly purchased 36 Atmos units: a system that includes a howitzer gun capable of firing all NATO-approved 155 millimeter shells and projectiles, with an effective range of more than 40 kilometers with standard projectiles, and also offering an extended range with rocket-propelled projectiles. In addition Morocco has reportedly bought IAI’s Barak 8 and Rafael’s Spider air defense systems.

Published by Globes, Israel business news – en.globes.co.il – on August 28, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: completesExtraguidedIsraelimissileMoroccotrial
ShareTweetShare
Previous Post

Bitcoin Hyper Innovates Bitcoin in Viral Presale Set to Explode

Next Post

Shopify – SHOP: 5 USD breite Kurslücke immer noch offen!

Related Posts

Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

by FeeOnlyNews.com
September 15, 2025
0

Israel's tallest residential tower will be built in the heart of Ramat Gan's Diamond Exchange district. Ramat Ran Municipality...

Dollar steadies ahead of Fed meeting

Dollar steadies ahead of Fed meeting

by FeeOnlyNews.com
September 14, 2025
0

The dollar held steady on Monday ahead of a pivotal week filled with central bank decisions led by the Federal...

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

by FeeOnlyNews.com
September 14, 2025
0

President Donald Trump on Sunday said foreign workers sent to the United States are “welcome” and he doesn’t want to...

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

by FeeOnlyNews.com
September 14, 2025
0

By Casey Hall SHANGHAI (Reuters) -China's leaders have pledged to put an end to aggressive price cuts by some Chinese...

North Korean hackers used ChatGPT to help forge deepfake ID

North Korean hackers used ChatGPT to help forge deepfake ID

by FeeOnlyNews.com
September 14, 2025
0

A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack...

This crypto investor correctly predicted bitcoin would hit 0K in 2025. He now expects it to double in the next year.

This crypto investor correctly predicted bitcoin would hit $120K in 2025. He now expects it to double in the next year.

by FeeOnlyNews.com
September 14, 2025
0

- FRAME Studios; Pantera In 2013, Dan Morehead, founder and chief executive at Pantera, back then a global macro hedge...

Next Post
Shopify – SHOP: 5 USD breite Kurslücke immer noch offen!

Shopify – SHOP: 5 USD breite Kurslücke immer noch offen!

Is Target Closed on Labor Day 2025?

Is Target Closed on Labor Day 2025?

  • Trending
  • Comments
  • Latest
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

August 17, 2025
Of Property Rights, Civil Society, and Shampoo

Of Property Rights, Civil Society, and Shampoo

September 1, 2025
Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

August 16, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Vanguard reaches .5M SEC settlement

Vanguard reaches $19.5M SEC settlement

August 29, 2025
RBC wealth revenue rises despite recruiting costs

RBC wealth revenue rises despite recruiting costs

August 27, 2025
Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

0
Stressed and Distressed Credit: Risk and Reward

Stressed and Distressed Credit: Risk and Reward

0
Hanes Knit Sleep Pants 4-Pack only .98, plus more!

Hanes Knit Sleep Pants 4-Pack only $19.98, plus more!

0
Iceland’s ORF Genetics lands €5M to scale plant-based growth factors for cultivated meat; eyes €7M total

Iceland’s ORF Genetics lands €5M to scale plant-based growth factors for cultivated meat; eyes €7M total

0
Reintroducing A Classic: The S&R Executive Spotlight

Reintroducing A Classic: The S&R Executive Spotlight

0
Wall Street Turns Bullish on NVIDIA (NVDA) as AI Compute Drives Growth

Wall Street Turns Bullish on NVIDIA (NVDA) as AI Compute Drives Growth

0
Construction begins on Israel’s tallest residential tower

Construction begins on Israel’s tallest residential tower

September 15, 2025
Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again

Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again

September 14, 2025
Dollar steadies ahead of Fed meeting

Dollar steadies ahead of Fed meeting

September 14, 2025
Reintroducing A Classic: The S&R Executive Spotlight

Reintroducing A Classic: The S&R Executive Spotlight

September 14, 2025
Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

September 14, 2025
Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

Explainer-What is “involution”, China’s race-to-the-bottom competition trend?

September 14, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Construction begins on Israel’s tallest residential tower
  • Ethereum Price Pullback Limited – Support Levels Could Spark Upside Again
  • Dollar steadies ahead of Fed meeting
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.