Israel will implement Amendment 13 to its Privacy Protection Law on August 14, 2025, introducing sweeping reforms that align its data privacy regime with global standards such as the GDPR. The amendment expands the definition of “personal data” to include IP addresses, biometric identifiers, and health-related information, and broadens “data processing” to cover all uses […]

Elbit Systems, a leading Israeli defense technology company, has secured a USD 260 million contract to provide its TMJ-MUSIC Directed Infrared Countermeasure (DIRCM) systems to the German Air Force. Over six years, the systems will be integrated into Germany’s Airbus A400M military transport aircraft, enhancing protection against missile threats using laser and infrared tracking capabilities. […]

Rafael Advanced Defense Systems and Israel Aerospace Industries (IAI), two of Israel’s leading defense contractors, are pursuing involvement in the Golden Dome program—an ambitious US missile defense initiative inspired by Israel’s Iron Dome. The project, announced in 2025, aims to deploy a satellite-based shield capable of intercepting advanced threats, with an estimated budget exceeding USD […]

Sycamore agreed to acquire Walgreens Boots Alliance (WBA), the century-old pharmacy and retail chain, in a leveraged deal worth approximately USD 23.7 billion, including debt. Sycamore Partners’ landmark acquisition of WBA—advised by Latham & Watkins—has global implications, but could there be ripples in Israel? Through its long-standing partnership with Super-Pharm, many Boots-branded products are staples in […]

Israel Aerospace Industries (IAI), the country’s largest state-owned defense and aerospace manufacturer, is preparing for an initial public offering on the Tel Aviv Stock Exchange. Since taking office in 2024, Amir Baram, Director General of the Ministry of Defense, has advocated for selling up to 30% of IAI, targeting a valuation between USD 16 billion […]