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Soltam Systems

Soltam
Company nameSoltam systems
Company typePrivate
IndustryDefense
FoundedHaifa, Israel (1950)
Key peopleCEO. Col (res) David Marchiano
Productsfire support
Revenue(+)$150 Million USD (2007)
Owner(s)Elbit Systems
Employees350 (Dec 2007)

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Soltam Systems ( ) is an Israeli Defense company located near Yokneam. The company has been developing and manufacturing advanced artillery systems, mortars, ammunition and peripheral equipment since 1952. Soltam Systems serves armed and special forces in more than 60 countries. Among the company's major customers are the Israel Defense Forces (IDF), the United States Army and NATO countries.

Soltam was founded in 1950 as the IDF artillery manufacturer. The company was founded by the Israeli Solel Boneh Ltd. and Luxembourg based Salgad (Societe Anonyme Luxembourgoise de Gestion et D'Administration) which was a fully owned subsidiary of the Finnish artillery and mortar manufacturer Tampella.

Until 2010 Soltam was owned by the MIKAL Group, when in October it was sold to Elbit Systems and is now 100% owned by them.


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