Malamcom: IAI expands into training and support as 2018 financials released

Israel Aerospace Industries (IAI) subsidiary Elta Systems has agreed to acquire 50% of Israeli training and logistics support company Eltel from Malam Team. The deal, valued at NIS42 million (USD11.6 million), was announced via a filing by Malam Team on the Tel Aviv Stock Exchange on 31 March, and