Elbit Systems is an Israel defense contractor and a major supplier of military equipment.
Founded in 1966, it has become the country's biggest supplier of drones and land-based equipment. It also sells its products to other militaries across the world, including Greece, Azerbaijan, and Montenegro.
The company also has large subsidiaries in the US and UK.
Seven protesters face charges after a violent action against Israeli defense firm Elbit in the UK, causing £1M in damages.
Pro-Palestinian protesters have repeatedly targeted Elbit Systems UK in the wake of the conflict in Gaza.
Elbit systems will supply Iron Fist Active Protection Systems (APS) to BAE Systems Hägglunds.
Over a dozen people exited the vehicle and began to smash equipment, machinery, and building fixtures.
As part of the deal, Elbit will establish a new facility in Israel to produce ammunition and munitions.
"Drop Elbit" was painted in red on the facade of the company's facility, and windows were completely smashed.
The system, the Tactical Very Short-range Air Defense (VSHORAD) system, combines soft-kill and hard-kill capabilities.
Hezbollah intercepted an Elbit UAV, capable of continuously staying in the air for up to 30 hours, which was worth around $10 million.
Participants in the event enjoyed a special lecture by Israeli artist Lior Kalfon.
The minister's announcement forgot to mention that in the last decade, the Canadian Defense Ministry purchased Israeli weapon systems worth more than a billion dollars.