Elbit Systems Ltd. (ESLT) and Alliant Techsystems (ATK) announced that they have signed a teaming agreement to develop the Guided Advanced Tactical Rocket - Laser, or GATR-L.
GATR-L provides an affordable precision strike capability for all fixed-wing, rotary-wing, and Unmanned Aerial Systems platforms. The 70mm rocket employs a Semi-Active Laser (SAL) guidance package to achieve high accuracy against both stationary and moving targets. In addition, GATR-L provides the ability to lock-on before launch to ensure only the target of interest is engaged.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.