from the July 2015 issue

Paris Air Show

11 Israeli companies will have exhibitions at the Paris Air Show this year, and it is clear that a considerable part of what they have developed precisely matches the needs of the future fighters against ISIS and the like: from Elbit Systems Ltd.'s (Nasdaq: ESLT; TASE: ESLT) breakthrough protection system for passenger airliners, executive jets, and military aircraft threatened by shoulder-held missiles that can be launched by an individual terrorist capable of causing a catastrophe to loitering munitions - a euphemism for a deadly weapon combining the navigational and maneuvering capabilities of an airplane with those of a missile capable of blowing up a defined target with exemplary accuracy, even if that target is in the middle of a residential neighborhood. In such cases, the Israeli developers guarantee keeping collateral damage to a minimum, in other words minimizing the chances of innocent people being killed.

Many years of difficult warfare against terrorism have given the Israeli defense companies the ability to show many of the world's countries exactly what they need in their ammunition bunkers if and when some extremist organization rises up against them. There is a good reason why the Israeli pavilions at exhibitions like this one are becoming pilgrimage sites for representatives of foreign armies and procurement representatives of ministries of defense: they know that it is always healthy to be informed about what the IDF, one of the busiest armies in the world in asymmetric warfare against terrorist organizations while coping with dilemmas inviting international judgment in all matters pertaining to harming civilians, is using. One year after Operation Protective Edge in the Gaza Strip, in which the IDF made the most extensive use of precise and expensive weaponry in its history, it can be assumed that the interest in the products, developments, and concepts of the Israeli companies that will man the displays at the military airfield in Le Bourget will only increase.

What about the international boycott and provocations advocated by BDS, and its threat to leave Israeli goods unbought on the shelves? Don't make us laugh. When a customer from one of the world's countries needs a weapon whose capabilities have already been tested on the battlefield, it will prefer to buy it from those with the most experience.

Reprinted from the Israel High-Tech & Investment Report July 2015

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