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Aug 25, 2026
10:59
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ECONOMY // FINANCIAL FLOW
Business

The defense company promised $16 million this year: it's not even close

The drone company controlled by Ronen Elad published weak semi-annual reports and announced its third CEO in a year. The stock has soared by hundreds of percent since the start of the year on the back of big names like Yossi Cohen, but the gap between ambitious forecasts and actual performance is only growing.

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