No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 17, 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
9 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
World Cup final is already the biggest ever prediction market as Kalshi bets top .27 billion—with Spain favored to beat Argentina

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

by TheAdviserMagazine
July 17, 2026
0

The World Cup is driving record-breaking activity on prediction markets, with popular platforms Kalshi and Polymarket reporting their highest trading...

edit post
Cohen & Steers Q2 Earnings Call Highlights

Cohen & Steers Q2 Earnings Call Highlights

by TheAdviserMagazine
July 17, 2026
0

Key Points Interested in Cohen & Steers Inc? Here are five stocks we like better. Cohen & Steers posted stronger...

edit post
Esther Perel says workforces are suffering from social atrophy and AI is making it worse

Esther Perel says workforces are suffering from social atrophy and AI is making it worse

by TheAdviserMagazine
July 17, 2026
0

Esther Perel has spent her career exploring the complexities of human relationships. Her seminal book, Mating in Captivity, examined the tension between love and desire.   Now, the psychotherapist...

edit post
Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings

Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings

by TheAdviserMagazine
July 17, 2026
0

The market regulator, Sebi, on Friday eased mutual fund investing by allowing SWP and STP standing instructions for demat holdings...

edit post
Mortgage and refinance interest rates today, Friday, July 17, 2026: Rates are mixed today

Mortgage and refinance interest rates today, Friday, July 17, 2026: Rates are mixed today

by TheAdviserMagazine
July 17, 2026
0

According to the Zillow lender marketplace, mortgage rates are mixed today. The average 30-year fixed-rate mortgage rose by 3 basis...

edit post
President Trump Exposes America’s Election Integrity Disaster

President Trump Exposes America’s Election Integrity Disaster

by TheAdviserMagazine
July 17, 2026
0

President Donald Trump delivered an address to the nation on July 16 that focused on the insecurity of American federal...

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
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
A World Cup Final Through Austrian Eyes

A World Cup Final Through Austrian Eyes

0
edit post
Bitcoin Traders Pull BTC Below K as Middle East Tensions Trigger Fresh Risk-Off Selling

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

0
edit post
20 DIY Apartment Decorating Ideas on a Budget

20 DIY Apartment Decorating Ideas on a Budget

0
edit post
World Cup final is already the biggest ever prediction market as Kalshi bets top .27 billion—with Spain favored to beat Argentina

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

0
edit post
Now Even the Left Is Stockpiling Guns and Complaining About Price?

Now Even the Left Is Stockpiling Guns and Complaining About Price?

0
edit post
Here’s How the New 21st Century ROAD to Housing Act Could Help Real Estate Investors

Here’s How the New 21st Century ROAD to Housing Act Could Help Real Estate Investors

0
edit post
Bitcoin Traders Pull BTC Below K as Middle East Tensions Trigger Fresh Risk-Off Selling

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

July 17, 2026
edit post
World Cup final is already the biggest ever prediction market as Kalshi bets top .27 billion—with Spain favored to beat Argentina

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

July 17, 2026
edit post
Cohen & Steers Q2 Earnings Call Highlights

Cohen & Steers Q2 Earnings Call Highlights

July 17, 2026
edit post
Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

July 17, 2026
edit post
National Bank Holdings (NBHC) Q2 2026 Preview: EPS Est. alt=

National Bank Holdings (NBHC) Q2 2026 Preview: EPS Est. $0.81, Reports July 22

July 17, 2026
edit post
Here’s How the New 21st Century ROAD to Housing Act Could Help Real Estate Investors

Here’s How the New 21st Century ROAD to Housing Act Could Help Real Estate Investors

July 17, 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

  • Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling
  • World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina
  • Cohen & Steers Q2 Earnings Call Highlights
  • 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.