Michael Federmann

Michael Ilan Yoel "Mikey" Federmann (Hebrew: מיקי פדרמן; born 9 September 1943) is an Israeli drone manufacturer and billionaire.

Under his leadership Elbit Systems multiplied its size many times and became a major player in the Unmanned Aerial Vehicle market globally as well as in other areas of military defence technology.

Federmann chairs the boards of its two biggest publicly traded holdings: defense electronics maker Elbit Systems and luxury hotel operator Dan Hotels Corp.[1] Federmann joined Elbit when his El-Op company merged with it in 1998.

Dan Hotels began as a boarding house on the Tel Aviv seafront that was purchased by his father and uncle in 1947.

[3] Part of the chain is the iconic King David Hotel in Jerusalem, which since its founding in 1932 until this day hosts heads of state and diplomats on behalf of the Israeli government on their visits to Israel.