Latest news with #Elbit
Business Upturn
2 days ago
- Business
- Business Upturn
Nibe shares jump over 4% after signing Technical Collaboration Agreement with Israel's Elbit Systems
By Aman Shukla Published on July 28, 2025, 10:30 IST Nibe Ltd shares rose 4% in Monday's trade after the company announced a key strategic collaboration with Israel-based defence technology firm Elbit Systems Land Limited. The two companies signed a technical collaboration agreement on July 26, 2025, marking a major step forward for Nibe's defence manufacturing ambitions. As of 10:30 AM, the shares were trading 3.84% higher at Rs 1,727.00. The agreement involves the transfer of license and technology for Elbit's Precise & Universal Launch System (PULS), a high-range artillery rocket system capable of targeting threats up to 300 km away. As part of the deal, Elbit will provide Nibe with critical know-how and licensing rights to manufacture, assemble, and integrate the PULS system in India. This collaboration will enable Nibe to establish a local manufacturing setup for the rocket system, contributing to the Indian government's 'Make in India' and defence indigenisation goals. The financial terms of the agreement are expected to be finalised within 45 days. Importantly, this is a strictly international partnership between two independent companies. Nibe clarified that neither its promoter group nor affiliates have any stake or interest in Elbit Systems, ensuring full compliance with SEBI's disclosure regulations. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Rhyl Journal
18-07-2025
- Rhyl Journal
Five people charged over alleged break-in during Palestine Action protest
The group is accused of forcing their way into Elbit's South Gloucestershire facility on August 6 last year, causing extensive damage and seriously assaulting staff and two police officers. Counter Terrorism Policing South East carried out a series of raids on Tuesday before arresting the five suspects. The Crown Prosecution Service has authorised charges and said it will submit to the court that the offences were committed with a terrorist connection. Finn Collins, 20, from Whitstable in Kent; Harland Archer, also 20 and from Whitstable; Salaam Mahmood, 19, from London; Moiz Ibrahim, 27, from London; and Louie Adams, 33, from London, have all been charged with aggravated burglary, criminal damage and violent disorder. They are due to appear from custody at Westminster Magistrates' Court on Saturday. A sixth person, a 66-year-old man from Bristol, was also arrested during Tuesday's operation – but has since been released without charge. Ten people were arrested shortly after the incident in August 2024, and a further eight in November. All 18 were later charged and are awaiting trial. Elbit Systems UK, which is Israeli-owned, has been repeatedly targeted by Palestine Action over its role in producing military technology.
Leader Live
18-07-2025
- Leader Live
Five people charged over alleged break-in during Palestine Action protest
The group is accused of forcing their way into Elbit's South Gloucestershire facility on August 6 last year, causing extensive damage and seriously assaulting staff and two police officers. Counter Terrorism Policing South East carried out a series of raids on Tuesday before arresting the five suspects. The Crown Prosecution Service has authorised charges and said it will submit to the court that the offences were committed with a terrorist connection. Finn Collins, 20, from Whitstable in Kent; Harland Archer, also 20 and from Whitstable; Salaam Mahmood, 19, from London; Moiz Ibrahim, 27, from London; and Louie Adams, 33, from London, have all been charged with aggravated burglary, criminal damage and violent disorder. They are due to appear from custody at Westminster Magistrates' Court on Saturday. A sixth person, a 66-year-old man from Bristol, was also arrested during Tuesday's operation – but has since been released without charge. Ten people were arrested shortly after the incident in August 2024, and a further eight in November. All 18 were later charged and are awaiting trial. Elbit Systems UK, which is Israeli-owned, has been repeatedly targeted by Palestine Action over its role in producing military technology.
North Wales Chronicle
18-07-2025
- North Wales Chronicle
Five people charged over alleged break-in during Palestine Action protest
The group is accused of forcing their way into Elbit's South Gloucestershire facility on August 6 last year, causing extensive damage and seriously assaulting staff and two police officers. Counter Terrorism Policing South East carried out a series of raids on Tuesday before arresting the five suspects. The Crown Prosecution Service has authorised charges and said it will submit to the court that the offences were committed with a terrorist connection. Finn Collins, 20, from Whitstable in Kent; Harland Archer, also 20 and from Whitstable; Salaam Mahmood, 19, from London; Moiz Ibrahim, 27, from London; and Louie Adams, 33, from London, have all been charged with aggravated burglary, criminal damage and violent disorder. They are due to appear from custody at Westminster Magistrates' Court on Saturday. A sixth person, a 66-year-old man from Bristol, was also arrested during Tuesday's operation – but has since been released without charge. Ten people were arrested shortly after the incident in August 2024, and a further eight in November. All 18 were later charged and are awaiting trial. Elbit Systems UK, which is Israeli-owned, has been repeatedly targeted by Palestine Action over its role in producing military technology.
South Wales Guardian
18-07-2025
- South Wales Guardian
Five people charged over alleged break-in during Palestine Action protest
The group is accused of forcing their way into Elbit's South Gloucestershire facility on August 6 last year, causing extensive damage and seriously assaulting staff and two police officers. Counter Terrorism Policing South East carried out a series of raids on Tuesday before arresting the five suspects. The Crown Prosecution Service has authorised charges and said it will submit to the court that the offences were committed with a terrorist connection. Finn Collins, 20, from Whitstable in Kent; Harland Archer, also 20 and from Whitstable; Salaam Mahmood, 19, from London; Moiz Ibrahim, 27, from London; and Louie Adams, 33, from London, have all been charged with aggravated burglary, criminal damage and violent disorder. They are due to appear from custody at Westminster Magistrates' Court on Saturday. A sixth person, a 66-year-old man from Bristol, was also arrested during Tuesday's operation – but has since been released without charge. Ten people were arrested shortly after the incident in August 2024, and a further eight in November. All 18 were later charged and are awaiting trial. Elbit Systems UK, which is Israeli-owned, has been repeatedly targeted by Palestine Action over its role in producing military technology.
