AGP Executive Report
Last update: 10 hours agoDefense Industry: Elbit Systems’ order backlog hit a record $32B as sales rose 16% in Q2, driven by drones, munitions and C4I/cyber demand amid a global defense boom. Labor & Aviation: Cargojet pilots secured a five-year deal with a compounded 53% wage increase, with productivity targets tied to higher monthly working baselines. West Bank Risk for Business & Diplomacy: A UN official warned West Bank settlement expansion must be treated as an emergency, citing rapid “new facts” and large funding for additional settlements. Security & Property: The IDF condemned reports of Israeli civilians taking over Palestinian homes in Qusra and Jalud, issuing a closed military zone order and warning of disciplinary action. Regional Politics: UAE and other Muslim-majority governments accused Israel of undermining the Gaza truce plan, adding pressure to the already fragile regional diplomacy. Corporate Legal Watch: A wave of investor alerts from Pomerantz LLP flagged potential securities-fraud claims across multiple public companies, including Pegasystems, Olin and Carrier.
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