1 defence financings involving Israel since 2015, and 3 investment and M&A deals, each with its terms and primary sources.
Randeep Bubbra | Lawyer | Making defence financeable
By date of signing, pricing or announcement. Volume in US$bn at approximate annual average rates; 2026 runs to 27 Oct 2026.
| Year | Bonds | Total |
|---|---|---|
| 2021 | 1 · US$588m | 1 · US$588m |
| 2022 | – | 0 · US$0m |
| 2023 | – | 0 · US$0m |
| 2024 | – | 0 · US$0m |
| 2025 | – | 0 · US$0m |
| 2026 | – | 0 · US$0m |
Elbit Systems NIS 1.9bn notes (Series B, C and D), 7 Jul 2021.
| Type | Financings | Funded (US$) |
|---|---|---|
| Bond | 1 | US$588m |
| Date | Financing | Type | Amount |
|---|---|---|---|
| 7 Jul 2021 | Elbit Systems NIS 1.9bn notes (Series B, C and D) | Bond | ILS 1.9bn |
| Date | Deal | Type | Value |
|---|---|---|---|
| 7 Nov 2025 | Kratos acquisition of Orbit Technologies | M&A Announced | US$356.3m |
| 28 Nov 2022 | Leonardo DRS and RADA merger | M&A | Not disclosed |
| 25 Nov 2018 | Elbit Systems acquisition of IMI Systems | M&A | US$495m |
Totals are US$ equivalents of funded deals at approximate annual average rates; programme-level and conditional commitments are listed but left out. Records come from public, primary sources. How the register is built.
Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. By Randeep Bubbra.
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