No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, January 21, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Philippines omits Elbit from howitzer tender

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
A A
Philippines omits Elbit from howitzer tender
Share on FacebookShare on TwitterShare on LInkedIn


Philippines Minister of Defense Gilbert Teodoro recently told parliament in Manila that his country would not be procuring any more arms from Israel. “We are not procuring new systems, but only equipment for existing systems,” explained Teodoro. “We have systems that we need to continue to equip, because they exist.” He noted that it is “smarter” to stay with the existing systems in the Philippine army, for example Elbit’s Atmos howitzers, when the existing ones are expected to be used by the Philippines for another 20 years: “It is good for us to take this as a case study on how to diversify supply chains.”





RELATED ARTICLES




Israel’s defense industry loses major Asian customer


Morocco mulls buying Elbit Systems turrets – report


Europe: Israel arms embargo amid record procurement






According to reports in the local media, the Philippines army has omitted Elbit in a new self-propelled gun system tender, leaving the Czech-made DITA cannon and the French-made CAESAR to compete. The decision was reportedly due to Israel’s lack of support for “legitimate sovereign rights in the West Philippines Sea.”

This is the Philippines name for the South China Sea, which Manila sees as its exclusive economic zone (EEZ), but is also claimed by China. “The decision aligns with the country’s geopolitical policy of prioritizing security partnerships that respect and uphold Philippines’ national interests.”

This new prioritization is not expected to affect the many existing security areas in which the Philippines uses Israeli defense products. This includes, alongside Elbit’s guns, Israeli-built FAIC attack ships carrying NLOS Spike missiles from Rafael, which also sold them Spider air defense systems. At the same time, Israel Aerospace Industries has supplied the Philippines Navy with “Mini Pop” systems: multi-sensor electro-optical infrared (EO/IR) payloads.

Depending on the leader

In general, unlike Europe, where the EU and NATO results in a more coordinated defense procurement policy, Asia-Pacific works differently. Changes of government often lead to a turnaround, while one leader staying in power for a long time brings a more stable policy.

Between 2018 and 2022, the Philippines was the third largest defense export market for Israel, with an 8.5% share (about $4 billion), according to the Stockholm International Peace Research Institute (SIPRI). Until June 2022, Prime Minister Benjamin Netanyahu’s friend Rodrigo Duterte served as Philippines President, and became the country’s first-ever leader to make an official visit to Israel. Duterte was succeeded by President Bongbong Marcos who has pursued a different policy towards Israel.

Published by Globes, Israel business news – en.globes.co.il – on October 20, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: ElbithowitzerOmitsPhilippinestender
ShareTweetShare
Previous Post

The Weekly Notable Startup Funding Report: 10/20/25 – AlleyWatch

Next Post

Analysts split on Israel’s recovery prospects

Related Posts

edit post
Stocks open up as Trump calls for Greenland ‘negotiations’ (SPX:)

Stocks open up as Trump calls for Greenland ‘negotiations’ (SPX:)

by TheAdviserMagazine
January 21, 2026
0

Jan. 21, 2026 9:38 AM ETS&P 500 Futures (SPX), US100:IND, INDUNFLX, EQT, INTC, RVTY, PTC, TDY, TYL, UAL, KHC, SP500,...

edit post
Sebi’s rap on the knuckles: Investment adviser pulled up for routing client money through employee account

Sebi’s rap on the knuckles: Investment adviser pulled up for routing client money through employee account

by TheAdviserMagazine
January 21, 2026
0

Market regulator Securities and Exchange Board of India (SEBI) has reprimanded an investment advisor for multiple violations of the Investment...

edit post
Match Group says a ‘readiness paradox’ is crippling Gen Z in dating

Match Group says a ‘readiness paradox’ is crippling Gen Z in dating

by TheAdviserMagazine
January 21, 2026
0

Gen Z is sometimes criticized for its proclivity toward slang or its approach to the workforce. But this generation is...

edit post
Morning Bid: Trump lands, markets wait

Morning Bid: Trump lands, markets wait

by TheAdviserMagazine
January 21, 2026
0

By Mike Dolan Jan 21 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and...

edit post
Israeli financial planning co Datarails raises m

Israeli financial planning co Datarails raises $70m

by TheAdviserMagazine
January 21, 2026
0

Israeli AI-native financial planning platform Datarails today announced the completion of a $70 million Series C financing round led...

edit post
Rekha Jhunjhunwala ups promoter stake by 1,253 bps to 15.57% in Star Health in December quarter

Rekha Jhunjhunwala ups promoter stake by 1,253 bps to 15.57% in Star Health in December quarter

by TheAdviserMagazine
January 21, 2026
0

Ace investor Rekha Jhunjhunwala raised her personal stake in Star Health and Allied Insurance Company to 15.57% in the December...

Next Post
edit post
Analysts split on Israel’s recovery prospects

Analysts split on Israel's recovery prospects

edit post
Why these women leaders say AI failures are worth talking about—loudly and publicly

Why these women leaders say AI failures are worth talking about—loudly and publicly

  • Trending
  • Comments
  • Latest
edit post
Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a 8 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a $348 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

January 10, 2026
edit post
Utility Shutoff Policies Are Changing in Several Midwestern States

Utility Shutoff Policies Are Changing in Several Midwestern States

January 9, 2026
edit post
80-year-old Home Depot rival shuts down location, no bankruptcy

80-year-old Home Depot rival shuts down location, no bankruptcy

January 4, 2026
edit post
Tennessee theater professor reinstated, with 0,000 settlement, after losing his job over a Charlie Kirk-related social media post

Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post

January 8, 2026
edit post
Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

December 27, 2025
edit post
Elon Musk Left DOGE… But He Hasn’t Left Washington

Elon Musk Left DOGE… But He Hasn’t Left Washington

January 2, 2026
edit post
Trump wants tech companies to foot bill for new power plants due to AI

Trump wants tech companies to foot bill for new power plants due to AI

0
edit post
Sebi’s rap on the knuckles: Investment adviser pulled up for routing client money through employee account

Sebi’s rap on the knuckles: Investment adviser pulled up for routing client money through employee account

0
edit post
Greenland: Trump’s Folly | Mises Institute

Greenland: Trump’s Folly | Mises Institute

0
edit post
Crypto’s Next Battle Is Privacy: Regulators Face Chicken-Egg Dilemma

Crypto’s Next Battle Is Privacy: Regulators Face Chicken-Egg Dilemma

0
edit post
AARP Warns: 3 Major Part D Changes Hit Seniors in 2026—From Payment Plans to Drug Rebates

AARP Warns: 3 Major Part D Changes Hit Seniors in 2026—From Payment Plans to Drug Rebates

0
edit post
Stocks open up as Trump calls for Greenland ‘negotiations’ (SPX:)

Stocks open up as Trump calls for Greenland ‘negotiations’ (SPX:)

0
edit post
Crypto’s Next Battle Is Privacy: Regulators Face Chicken-Egg Dilemma

Crypto’s Next Battle Is Privacy: Regulators Face Chicken-Egg Dilemma

January 21, 2026
edit post
Stocks open up as Trump calls for Greenland ‘negotiations’ (SPX:)

Stocks open up as Trump calls for Greenland ‘negotiations’ (SPX:)

January 21, 2026
edit post
AARP Warns: 3 Major Part D Changes Hit Seniors in 2026—From Payment Plans to Drug Rebates

AARP Warns: 3 Major Part D Changes Hit Seniors in 2026—From Payment Plans to Drug Rebates

January 21, 2026
edit post
Sebi’s rap on the knuckles: Investment adviser pulled up for routing client money through employee account

Sebi’s rap on the knuckles: Investment adviser pulled up for routing client money through employee account

January 21, 2026
edit post
Feed a Family of 4 for  With These Inflation-Fighting Meals

Feed a Family of 4 for $10 With These Inflation-Fighting Meals

January 21, 2026
edit post
Match Group says a ‘readiness paradox’ is crippling Gen Z in dating

Match Group says a ‘readiness paradox’ is crippling Gen Z in dating

January 21, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Crypto’s Next Battle Is Privacy: Regulators Face Chicken-Egg Dilemma
  • Stocks open up as Trump calls for Greenland ‘negotiations’ (SPX:)
  • AARP Warns: 3 Major Part D Changes Hit Seniors in 2026—From Payment Plans to Drug Rebates
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.