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Keyword: samykatsav

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  • From missile boats to machine guns (Israeli company)

    01/01/2011 12:03:46 AM PST · by sukhoi-30mki · 4 replies
    Haaretz, Israel ^ | 31.12.10 | Ora Coren
    From missile boats to machine guns By Ora Coren Israel Shipyards Ltd., one of the companies owned by the Samy Katsav Group, designs and manufacturers military platforms such as missile boats, gunboats and guard boats, as well as civilian platforms that include freighters that carry up to 4,500 tons of general cargo. Another group company, whose products are familiar to most Israeli infantry units, is the Israel Weapon Industries (known as IWI ). The group bought the company, then called Magen, in 2005 from the government-owned Israel Military Industries. "The newly purchased plant required thorough care after years of difficulties....