IBOV 186,032.21 ▲ 0.29% IPSA 11,271.12 ▼ 0.63% IPC MEX 64,216.98 ▲ 0.46% MERVAL 3,082,333 ▼ 0.07% COLCAP 2,579.41 ▼ 0.34% BVL PERÚ 58,641.32 ▲ 0.83% USD/BRL5.15▲ 0.08% USD/MXN17.14— 0.00% USD/CLP953.40▼ 0.39% USD/COP3,099▲ 0.24% USD/PEN3.37▲ 0.37% USD/ARS1,507▼ 0.05% USD/UYU40.22▲ 3.15% USD/PYG5,950▲ 3.78% USD/BOB10.92▼ 9.64% USD/DOP58.44▲ 2.52% USD/CRC444.45▲ 1.90% USD/GTQ7.62▲ 3.09% USD/HNL26.85▲ 3.31% USD/NIO36.62▲ 2.77% USD/VES840.10▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 2.05% EUR/BRL5.95▲ 0.44% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 186,032.21 ▲ 0.29% IPSA 11,271.12 ▼ 0.63% IPC MEX 64,216.98 ▲ 0.46% MERVAL 3,082,333 ▼ 0.07% COLCAP 2,579.41 ▼ 0.34% BVL PERÚ 58,641.32 ▲ 0.83% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, September 15, 2026

Defense Monitor Morocco

Israeli Elbit Systems to Build Artillery Ammo Plant in Morocco

By · November 1, 2023 · 2 min read

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Elbit Systems, an Israeli defense company, recently announced plans to build a $135 million artillery ammunition factory for an international client.

The company did not disclose the client’s name or the location of the new factory. In the past, Elbit Systems had looked into setting up military production facilities in Morocco.

In building the new factory, Elbit Systems will employ its long-standing expertise in ammunition production.

The firm has a track record of setting up and operating similar manufacturing units around the world.

Yehuda Vered, the General Manager of Elbit Systems, emphasized the rising global demand for local production of ammunition.

According to Vered, providing support to clients and sharing their expertise with international partners are crucial aspects of Elbit Systems’ growth strategy.

Israeli Elbit Systems to Build Artillery Ammo Plant in Morocco.
Israeli Elbit Systems to Build Artillery Ammo Plant in Morocco.
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Background

Elbit Systems is a significant player in the international defense industry.

Over the years, the company has diversified its product offerings to include everything from drones to artillery systems.

The announcement of the new artillery ammunition factory signifies an important extension of Elbit Systems’ international operations.

There is a growing trend in the defense industry toward localized production of military equipment.

This move aligns well with that trend, indicating a shift in how countries approach defense manufacturing.

The undisclosed location of the new factory could become a key point in geopolitical discussions, especially given Elbit Systems’ previous interest in Morocco.

Countries are increasingly looking to enhance their sovereign capabilities in manufacturing military equipment.

This development is a significant addition to the global defense market, which continues to grow.

Industry analysts expect the global defense market to reach unprecedented levels in the coming years, making this a strategic move for Elbit Systems.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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