No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, April 2, 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
5 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
Universal Display macro concerns are discounted, says Roth Capital

Universal Display macro concerns are discounted, says Roth Capital

by TheAdviserMagazine
April 2, 2026
0

Roth Capital keeps a Buy rating and a $180 price target on Universal Display (OLED). Headwinds continue to swirl around...

edit post
President Trump’s speech on Iran war hails ‘tremendous progress’ but Wall Street hears ‘escalation’

President Trump’s speech on Iran war hails ‘tremendous progress’ but Wall Street hears ‘escalation’

by TheAdviserMagazine
April 2, 2026
0

SpaceX—valued at $1.75 trillion—has confidentially filed with the SEC to stage an initial public offering of an estimated $75 billion...

edit post
Buy selectively, focus on resilient sectors despite volatility: Manish Sonthalia

Buy selectively, focus on resilient sectors despite volatility: Manish Sonthalia

by TheAdviserMagazine
April 2, 2026
0

Indian markets are navigating a tricky environment as geopolitical tensions and global inflationary pressures create uncertainty for investors. Manish Sonthalia...

edit post
SUV-led demand keeps PV segment on strong growth path: Subhash Gate

SUV-led demand keeps PV segment on strong growth path: Subhash Gate

by TheAdviserMagazine
April 2, 2026
0

India’s automobile sector continues to reflect a tale of two segments—strong momentum in passenger vehicles (PVs), led by SUVs, and...

edit post
Trump blames Iran for surge in U.S. gas prices (XB1:COM:Commodity)

Trump blames Iran for surge in U.S. gas prices (XB1:COM:Commodity)

by TheAdviserMagazine
April 2, 2026
0

Apr 02, 2026, 3:01 AM ETGasoline Futures (XB1:COM), XOM Stock, CVX Stock, OXY Stock, PSX Stock, VLO Stock, MPC Stock,...

edit post
Positive Breakout: These 10 stocks cross above their 200 DMAs

Positive Breakout: These 10 stocks cross above their 200 DMAs

by TheAdviserMagazine
April 1, 2026
0

In the Nifty200 pack, 10 stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on April 1, 2026,...

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
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
Hospitals in This State Routinely Sue Patients Over Unpaid Bills

Hospitals in This State Routinely Sue Patients Over Unpaid Bills

March 27, 2026
edit post
The Duke Faculty and Administration Damaged the Intellectual Foundations of Higher Education

The Duke Faculty and Administration Damaged the Intellectual Foundations of Higher Education

0
edit post
Recommerce and Sustainability: How B-Stock Is Closing the Loop

Recommerce and Sustainability: How B-Stock Is Closing the Loop

0
edit post
Coinbase Lawyer Just Revealed The Truth About The “Secret” CLARITY Act Deal — Crypto Traders, Don’t Sleep On This Vote  

Coinbase Lawyer Just Revealed The Truth About The “Secret” CLARITY Act Deal — Crypto Traders, Don’t Sleep On This Vote  

0
edit post
Gov’t springs surprise NIS 800m addition for haredi education

Gov’t springs surprise NIS 800m addition for haredi education

0
edit post
Universal Display macro concerns are discounted, says Roth Capital

Universal Display macro concerns are discounted, says Roth Capital

0
edit post
10 Fall Risks Hiding in Plain Sight in Your Home

10 Fall Risks Hiding in Plain Sight in Your Home

0
edit post
The Duke Faculty and Administration Damaged the Intellectual Foundations of Higher Education

The Duke Faculty and Administration Damaged the Intellectual Foundations of Higher Education

April 2, 2026
edit post
Coinbase Lawyer Just Revealed The Truth About The “Secret” CLARITY Act Deal — Crypto Traders, Don’t Sleep On This Vote  

Coinbase Lawyer Just Revealed The Truth About The “Secret” CLARITY Act Deal — Crypto Traders, Don’t Sleep On This Vote  

April 2, 2026
edit post
Recommerce and Sustainability: How B-Stock Is Closing the Loop

Recommerce and Sustainability: How B-Stock Is Closing the Loop

April 2, 2026
edit post
Universal Display macro concerns are discounted, says Roth Capital

Universal Display macro concerns are discounted, says Roth Capital

April 2, 2026
edit post
Blue Owl private credit funds redemptions capped at 5% after steep requests

Blue Owl private credit funds redemptions capped at 5% after steep requests

April 2, 2026
edit post
National Burrito Day 2026 Deals

National Burrito Day 2026 Deals

April 2, 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

  • The Duke Faculty and Administration Damaged the Intellectual Foundations of Higher Education
  • Coinbase Lawyer Just Revealed The Truth About The “Secret” CLARITY Act Deal — Crypto Traders, Don’t Sleep On This Vote  
  • Recommerce and Sustainability: How B-Stock Is Closing the Loop
  • 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.