IMI told "Globes" today that the Negev site, to be one of the largest of its kind in Israel, will be built according to the most stringent safety and environmental standards and instructions.

Elbit buys state-owned arms maker IMI for NIS 1.8 billion Defense contractor sold to free up space for residential housing in high-demand area, send jobs to the Negev, government says ...

Israel is selling state-owned IMI Systems, maker of the Uzi sub-machine gun, to defense company Elbit Systems for more than half a billion dollars, the finance ministry said on Sunday. The ...

The deal means Elbit headquarters and all its facilities will move from Ramat Hasharon to the Negev, and a new defense complex will open in the industrial part south of Be'er Sheva.

Israel is selling state-owned IMI Systems, maker of the Uzi submachine gun, to defense company Elbit Systems for more than half a billion dollars, the finance ministry said on Sunday.

He told the Government Companies Authority to meet the committee every two months at the most in order to update it on IMI's privatization, and its move to the Negev. "The case of IMI has lasted ...