US aerospace company Lockheed Martin has formed a technology-focused Israeli subsidiary, Lockheed Martin Israel, that will focus on cybersecurity, enterprise information technology, data centers, mobile, analytics and cloud, according to a report in The Wall Street Journal. Earlier this year, Lockheed Martin signed an agreement with EMC Corporation to jointly...

Hamas scrambled Tuesday to arrest a terror cell responsible for launching a rocket into Israel, the latest in what has become a string of incidents indicating that the terror group may be struggling to maintain control over the Gaza Strip in the aftermath of this summer’s war with Jerusalem.The group...

While the world focuses on ISIS and its terror threat, as far as Israel is concerned the Iranian nuclear program is the main concern, according to Israeli Strategic Affairs Minister Yuval Steinitz. “The Iranians continue in their insistence now as they did under Ahmadinejad, to retain most of the centrifuges...

Here’s some sweet news: The military conflict with Gaza won’t put a sting on honey availability in Israel. About 1,600 tons of honey is consumed by Israelis every Rosh Hashana to symbolize the hope of a sweet Jewish New Year ahead. And despite the sticky situation in the south, Israel’s...

Foamix Pharmaceuticals, an Israeli biotech developing topical foam treatments for a range of dermatological treatments, has announced terms for its IPO. The Rehovot-based company plans to raise $65 million, according to a press release from IPO investment firm Renaissance Capital. Foamix is set to enter Phase III trials for its...

The Associated Press reported on Friday that evidence disclosed since the end of this summer’s war between Israel and Hamas indicated that the Palestinian terror group had deliberately used civilians as human shields while launching rockets at Israeli civilians, and that even Hamas officials now admitted they had embraced the...