Mar 11, 2018 SOURCE: AFP
Israel selling Uzi-maker IMI Systems to private firm
Israel is selling state-owned IMI Systems, maker of the Uzi submachine gun, to defence company Elbit Systems for more than half a billion dollars, the finance ministry said on Sunday.
The government began the process of privatising IMI Systems, formerly known as Israel Military Industries, in 2013.
The firm is the...
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