Sunday, March 27, 2022

Approaching Bonanza

 

This is the SIGMA cannon made by Elbit. A whole factory was sold to an unnamed Asian country. A German delegation is coming to Israel to negotiate the purchase of anti-missile weapons. As the Ancient Greek philosophers said, war is the human condition. You can build a solid business on it. Personally, I do not like this industry but we need good weapons to survive in this region, and no one will sell us when urgently needed. Remember De Gaulle, refusing to deliver weapons already paid for in the middle of a war.  


P.S.: Elbit's shares are shedding 7% in TASE. I cannot fathom the reason.  Maybe Ukraine and Russia have reached some agreement. Maybe Germany decided to pass Israeli weapons and buy USA produce. 

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