There is a lot of shifting and consolidation in Israeli defense companies lately, due to privatisation of government owned companies programme. DFNS is not a major player in this game (in comparison to ESLT)but the aquiring of Chemoplast Industries is meaningful, as is synergetic and complementary to DFNS activities.
The move is indeed significant, not just empty wording. (milestone, etc).In both ELST board,(#board-3936) and Israel Defense (#board-4433)you may find lots of background related articles (time permitting).
I am much more bullish about DFNS than ELST (which i do not own), although ELST might prove an interesting investment as well.
That said, the more crucial point for DFNS is the standard setting for >>US regulator of products for the US Army.<< and >> a change in US federal standards for personal body armor for police forces. << (#msg-8653448)