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Israel selling Uzi-maker IMI Systems to private firm

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. The government began the process of privatizing IMI Systems, formerly known as Israel Military Industries, in 2013. The firm is the manufacturer of the legendary […] …read more

Read more here:: Defence Talk (land)

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