Rafael Advanced Defense Systems News
57 articles
Rafael’s partnership with German firms allows the deal to bypass political constraints as Europe rethinks ties with Israel.
Rafael Advanced Defense Systems, an Israeli defense contractor, has secured a significant contract to supply the German army with Spike anti-tank missiles, valued at approximately €2 billion. This deal is one of the largest agreements signed by Israeli defense industries in Europe recently. The contract will be executed through EuroSpike GmbH, a joint venture involving Rafael and German firms Rheinmetall and Diehl Defense. Despite a recent arms embargo imposed by Germany on Israel, the European ownership structure of EuroSpike facilitated the deal. While Germany approved the purchase, Spain canceled a planned acquisition of Spike missiles due to the humanitarian crisis in Gaza. Rafael has sold Spike missiles to over 40 countries, with Germany being a longstanding customer.
Rafael's Tzvi Marmor talks about integrating the laser system into Israel's air defense, and his company's dedication to maintaining the IDF's technological edge.
Rafael Advanced Defense Systems, a state-owned Israeli defense company, is experiencing growth with a 20% increase in sales and a 2.5-fold rise in net profit. The company is advancing its Iron Beam laser air defense system, which is set to be operational by the end of the year. Rafaels products, including the Trophy active protection system and Spike missiles, have seen international success, with sales to the US, Germany, and the UK. The company faces challenges with exclusion from international defense exhibitions, which could impact future sales. Rafael continues to invest heavily in R&D, with $1.8 billion allocated for 2024.
Product StageCustomersPartnersInvestment
Defense contractor eyes public listing as it accelerates development of new interceptor system to counter next-generation missile threats.
Rafael, a government-owned defense contractor, is considering an IPO to enhance its competitive edge in the dynamic defense market. The company reported a 20.4% increase in sales in Q2, reaching over NIS 4.7 billion, and a significant order backlog of nearly NIS 66 billion. Rafaels interest in going public is partly driven by the Government Companies Authoritys push for Israel Aerospace Industries IPO. Rafael aims to overcome regulatory challenges related to its classified operations. The company has secured a €350 million order from Germany for its Litening 5 systems, despite geopolitical tensions. Rafaels profitability has surged, with net profits rising 68% in the first half of the year. The company is also expanding its workforce and R&D efforts to maintain its technological edge.
Public TradingCustomersExpand
For Rafael, this is a major project that could be a force multiplier for it in the field.
Rafael Advanced Defense Systems has signed a collaboration agreement with Lulav Space to develop a drone interception system. Lulav Space, known for its precise guidance and navigation systems, has raised $1.5 million from Angular Ventures. The partnership aims to leverage Rafaels R&D capabilities with Lulavs innovative technology to create effective interception solutions. Additionally, Parazero Technologies has signed a letter of intent to acquire Lulav Space, aiming to enhance its anti-UAV protection system. The collaboration is expected to help Rafael capture a significant share of the growing UAV market, projected to reach $14.5 billion by the end of the decade. The article was published on August 18, 2025.
PartnersAcquisition
American drone maker AeroVironment is leading negotiations in a deal valuing Controp at up to $1 billion.
Rafael is in advanced negotiations to sell 50% of its shares in its subsidiary, Controp, with the deal valuing Controp at $600–700 million. The sale is led by Rothschild & Co., with AeroVironment, a U.S.-based defense company, as the leading contender. The sale aims to remove Controp from state ownership constraints, enhancing its operational flexibility. Controp, known for developing electro-optical systems, reported record revenues of $150 million in 2024. The company is also preparing to float its subsidiary, MicroCon Vision Ltd., on the Tel Aviv Stock Exchange. Controp is currently without a permanent CEO following Hagay Azanis resignation. The sale is part of Rafaels broader strategy to find a partner for Controp and reduce its stake to 50%.
AcquisitionManagement Changes
According to foreign reports Spyder, which Romania is procuring from Rafael for $2.2 billion, is operational in 10 countries. But it is not part of Israel's multi-layer air defense system. "Globes" explains why.
Rafael Advanced Defense Systems has secured a significant €1.9 billion ($2.2 billion) deal with the Romanian Ministry of Defense for its Spyder air defense system. This sale marks one of the largest for an Israeli defense firm, following the Arrow 3 sale to Germany. The Spyder system, which is already in use by several countries, offers a multi-layered defense against various aerial threats. This deal is part of a broader trend among European countries to bolster their defense systems in response to regional threats. The Spyder systems independence from US approval processes gives it a competitive edge over other systems. Israel Aerospace Industries will also benefit from the deal through its subsidiary Elta, which supplies the radar for the Spyder system.
Customers
Israel’s defense giant is set for one of its biggest contracts ever, as Europe’s rearmament drive fuels record exports.
Rafael, an Israeli defense company, is on the verge of securing a significant contract with the Romanian government to supply Spyder air defense systems, valued at approximately €1.9 billion ($2.2 billion). This deal, if finalized, will be one of the largest for Israels defense industry, following a previous major agreement with Germany for the Arrow 3 system. The deal is part of a broader trend of increased European defense spending, driven by geopolitical tensions such as the Russia-Ukraine conflict. Despite some European countries criticism of Israel, defense exports from Israel reached a record high in 2024, with Europe accounting for a significant portion. Rafaels Spyder system is designed to counter various aerial threats and is part of a joint procurement program with other European nations.
Move tied to Israel Land Authority agreement to vacate East Tel Aviv site.
Rafael Advanced Defense Systems, a government-owned defense company, has acquired 6.5 floors of office space in the Cosmopolitan development in Tel Aviv for approximately NIS 521 million ($153 million). This acquisition is part of Rafaels ongoing expansion, particularly in research and development, and involves relocating operations from its current Horodetski compound. The Cosmopolitan project is a mixed-use development comprising four towers, with Rafaels new office space located in Phase 1. The project is being developed by a partnership including Acro Group, The Phoenix, Yuvalim Cityboy, and Shabat Moshe Company. The move reflects Rafaels strategic growth and commitment to enhancing its R&D capabilities.
Acquisition
Rafael and Elbit to deliver first operational systems by year-end as defense officials call for urgent funding to replenish interceptors and expand capabilities.
The article discusses the urgent need for Israel to replenish its defense capabilities following a recent conflict with Iran, which saw over 530 ballistic missiles launched at Israel. Rafael and Elbit Systems are set to deliver advanced defense systems, including the Iron Beam laser-based interception system, by the end of the year. The Israeli defense industry is fully mobilized to meet these urgent needs, with deeper integration between the IDF, the Defense Ministry, and defense firms required to maintain Israels technological edge. However, budget constraints and fiscal scrutiny from the Ministry of Finance pose challenges to timely procurement and development of these systems.
Product StagePartners
במרחק של אלפי קילומטרים: הנשק הישראלי ששולט בשמי איראן
The article discusses the strategic use of unmanned aerial vehicles (UAVs) by Israel in its military operations against Iran, highlighting the technological advancements and operational success of Israeli defense companies. SpearUAV, led by CEO Yiftach Kleiman, is noted for its role in developing loitering munitions that have been effectively used in these operations. The Israeli government and Ministry of Defense have invested approximately 219 million USD in drone and counter-drone technologies, supporting numerous startups in the sector. The article also touches on the geopolitical implications of these technologies, particularly in the context of the Russia-Ukraine conflict and Irans involvement. The advancements in drone technology have made significant impacts on military strategies, offering enhanced capabilities to individual soldiers.
Investment
Rafael CEO Yoav Turgeman is confident that the laser-based defense system, which the company has developed and will supply to the Air Force by the end of the year, will revolutionize the speed and cost of interception.
Rafael, a defense technology company, is experiencing significant growth due to increased orders from the Ministry of Defense for its Iron Dome and David’s Sling missile systems. The company is also advancing its Magen Or (Iron Beam) laser defense system, which promises to reduce interception costs significantly. CEO Yoav Turgeman, who took over in February, emphasizes the companys ongoing innovation and expansion plans, including potential acquisitions to enhance global market access. Despite challenges such as supply chain issues and geopolitical tensions, Rafael remains committed to maintaining its competitive edge and contributing to Israels national security.
Product StageCustomersManagement ChangesAcquisition
Israeli firm Rafael picks Elta Systems boss as new chief executive
Rafael Advanced Defense Systems, an Israeli defense company, has announced the appointment of retired Israeli Navy colonel Yoav Turgeman as its new CEO. Turgeman, who previously served as CEO of Israel Aerospace Industries subsidiary Elta Systems, will replace retired Gen. Yoav Har-Even. The appointment is subject to final approval from Israeli’s defense and regional cooperation ministers. Rafael, the 34th largest defense company in the world, is currently facing a labor shortage due to the activation of about 1,700 of its employees into the reserves force amid the Israel-Hamas war.
Management ChangesExpand
Rafael wins naval maintenance and anti-tank missile deals
Israeli defense company, Rafael Advanced Defense Systems, has secured a contract to sell Spike missiles to Poland worth $100 million and provide naval support services to an undisclosed Asian country worth $30 million. The multi-year agreement with the Asian nation includes maintenance services for various naval weapon stations and missile systems. Additionally, the Polish Ministry of Defense is purchasing hundreds of SPIKE LR Missiles through Rafael’s local industrial partner, MESKO. This marks the third such deal involving the SPIKE Missile Family.
CustomersPartners
Beam me up: Israel's new laser system is a security game changer | CTech
Israels Rafael and the Ministry of Defense are developing a laser system called Magen Or (Iron Beam) that can intercept rockets, missiles, or drones from afar. The system is expected to be ready for operational use by the IDF next year. The Iron Beam will allow the interception of threats such as mortar bombs, rockets, anti-tank missiles, drones, and various other objects, with the precision of a laser, at the speed of light - and at a minimal cost compared to those of the Iron Dome. The system is expected to redefine the battlefield and could potentially save a lot of money.
InvestmentExpand
Rafael nets over $700 million in one week through arms deals with Greek and Finnish militaries | CTech
Israeli defense company Rafael has signed over $700 million worth of deals with Greece and Finland to provide anti-tank and air defense systems. The deal with Greece is valued at 370 million euros ($403 million) for Spike anti-tank missiles, while the deal with Finland is valued at 316 million euros ($344 million) for the Davids Sling air defense system. The deals indicate the companys growth in defense sales and its expansion into European markets. The Spike missiles are advanced electro-optical missiles used in combat operations, while Davids Sling is designed to protect against various threats. The transactions are between governments and not direct transactions between Rafael and the two countries.
CustomersCustomers
NAVDEX 2023: Rafael showcases maritime UAS defence with Typhoon RWS
Rafael Advanced Defense Systems is showcasing enhancements to its Typhoon remote weapon station at NAVDEX 2023. The upgrades to the Typhoon RWS are designed to help defeat swarming attacks from UAS and surface vessels. The company has changed the weapon from a 25mm gun to a 30mm one, allowing it to fire airburst ammunition. The enhanced Typhoon Mk30-C system is being offered as an option to existing customers. The improvements address an operational gap for defending against swarms. The article mentions an Asian navy ordering the Typhoon Mk30-C system in December 2022.
Partners
Israel's Rafael, Lockheed Martin team up to develop laser weapon system | CTech
Lockheed Martin and Israeli contractor Rafael have partnered to create a high-energy laser weapon system called Iron Beam. The system, based on a technology already under development in Israel, is expected to be market ready next year. Iron Beam is a laser-based air defense system designed to neutralize threats such as rockets, mortars, and UAVs. The companies plan to produce a new version of Iron Beam specifically for the U.S. market and other regions. The system has passed tests that proved its operational capability. Israel hopes to deploy Iron Beam as a more cost-effective alternative to interceptor missiles. The partnership between Lockheed Martin and Rafael will expand and diversify their capabilities for various customers.
PartnersExpand
RAFAEL's DRONE DOME RECOMMENDED BY US DEPARTMENT OF DEFENSE
The U.S. Department of Defenses Joint Counter-small Unmanned Aircraft Systems Office (JCO) has recommended the DRONE DOME system, provided by Rafael Systems Global Sustainment (RSGS), for C-sUAS As A Service (CaaS). The system demonstrated its counter-drone capabilities, including accurate detection, identification, and soft-kill capabilities, and is now eligible to compete for future CaaS contract opportunities. DRONE DOME offers an end-to-end, combat-proven counter-Unmanned Aerial System (C-UAS) solution with all-weather, 360-degree rapid defense against hostile drones. The systems flexibility makes it suitable for military and civil applications, providing advanced protection for various targets. The article does not mention any specific partners, customers, investment or acquisition amounts, layoffs, or the date of the event.
PartnersCustomers
Israel's Rafael Acquires British Land Systems' Specialist Pearson Engineering - Defense Update:
Rafael Advanced Defense Systems has completed the acquisition of Pearson Engineering, a British defense specialist company. The acquisition includes Pearsons subsidiary Responsive Engineering. This acquisition allows Rafael to enhance and expand its manufacturing capabilities in the UK, strengthening its supply chain and supporting UK national security interests. It will lead to a significant increase in jobs in Newcastle and build strong links with academic institutions in the UK. The acquisition is part of Rafaels strategic investments to transfer cutting-edge technologies into the UK. The move has received approval from the UK Ministry of Defence and the Israeli Ministry of Defense.
AcquisitionPartners
https://www.jpost.com/israel-news/a-lot-for-israel-to-cooperate-on-with-gulf-countries-rafael-evp-681754
Rafael Advanced Defense Systems, a state-owned defense company, expressed its willingness to cooperate with Gulf countries to strengthen relationships and address common threats. The company aims to increase its portfolio of products and leverage its high technology capabilities. Rafael is known for its air-defense systems, including the Iron Dome, as well as its expertise in artificial intelligence and energy weapons. The US Army recently purchased two Iron Dome batteries for testing purposes, and there have been reports of potential sales to Saudi Arabia and the United Arab Emirates. Despite the challenges posed by the pandemic, Rafael had a successful year. In September, the Czech Republic signed a $630 million deal with the company for air-defense systems. Overall, the article highlights Rafaels growth-positive outlook and its focus on cooperation and technological advancements.
PartnersCustomers
https://www.jpost.com/israel-news/israel-participates-in-ausa-2021-681671
Israels Defense Ministry is presenting defense industries at the AUSA Exhibition in Washington after a two-year break due to the pandemic. The pavilion will showcase 18 Israeli defense companies and startups. Rafael Advanced Defense Systems unveiled an enhanced SAMSON 30mm Integrated Remote Weapons System (RWS) for light vehicles, which includes the integration of SPIKE LR 1 & 2 guided missiles and the TROPHY active protection system. The Defense Ministry is working with the new US administration to promote technological collaboration with American industries.
PartnersCustomers
Rafael's Drone Dome secured G7 UK summit
Rafael Advanced Defense Systems protection system, Drone Dome, was deployed to protect the G7 summit in Britain. The system provides advanced technological solutions for locating, identifying, and neutralizing threats from drones and UAVs. It combines advanced radar with various sensors and a laser interception system. The system has been operationally proven and has already been sold to several countries. Rafael recognizes the need to counter multiple simultaneous attacks and the challenge of smaller, slower, low-flying threats. The companys laser interception system integrated into Drone Dome addresses these challenges.
PartnersCustomers
U.S. Army to buy remote-controlled weapons from Rafael for $150 million
Rafael Advanced Defense Systems, in partnership with Oshkosh Defense, has been chosen by the U.S. Army to supply remotely operated weapons positions in a deal worth $942 million. Rafaels share of the deal is estimated at $150 million. The positions, referred to as lethal positions, will be used on Armed Personnel Carriers (APCs) and navy ships. The U.S. Army plans to equip three brigades with about 900 APCs. Rafael is also in talks with the U.S. Marine Corps to integrate the Iron Dome defense system with an American-made radar and operation system to protect against cruise missiles. The aid package from the U.S. to Israel could reach around $1 billion, including funding for the purchase of American precise weaponry.
PartnersCustomers
Rafael investing NIS 250 million to court employees
Rafael Advanced Defense Systems raised NIS 805 million through bonds sold to institutional investors. The company plans to use over 25% of the funds to upgrade working conditions and recruit additional tech employees. Rafael will invest NIS 250 million in constructing new offices, building clean rooms, and renovating buildings. It also plans to expand its branches in different locations and provide employee amenities. The company faces competition for talent in the defense and technology sectors and aims to attract quality employees by offering perks similar to those of high-tech companies. Rafael is making efforts to improve food amenities for its employees by adding food courts and providing additional benefits such as shuttles and car wash services.
InvestmentExpand
Israel's Rafael and UAE's Group 42 Join Forces to Develop Commercial AI and Big Data Tech
Rafael Advanced Defense Systems of Israel and Group 42 (G42), a technology company based in Abu Dhabi, have announced a joint venture called Presight.AI. The new venture will commercialize AI and Big Data technologies and solutions for various sectors. The partnership will combine the companies’ knowledge, personnel, technology, and resources to develop and deploy best-in-class solutions in the region and globally.
Partners
Israel signs German tank protection systems deal
Rafael Advanced Defense Systems Ltd. has signed a G2G deal with the German army to supply its Trophy tank protection system for the Leopard 2 tanks. The deal includes tank equipment, interceptors, spare parts, and training. The Trophy system provides combat-proven protection against rocket and missile threats and has been sold to the US Army as well. This deal signifies the appreciation and respect for Israels innovation and technology in the defense industry. The German defense and logistics agency is looking forward to installing the Trophy systems on their Leopard 2 tanks.
Partners
Israel Missile Defense Organization, Rafael complete successful tests of upgraded Iron Dome
The Israel Missile Defense Organization and defense contractor Rafael Advanced Defense Systems have completed successful flight tests on an upgraded version of the Iron Dome air-defense system. The tests simulated advanced threats on land and at sea, and the upgraded version will be delivered to the Israeli Air Force and installed on the Navys Saar 6 corvettes. The system will play a central role in defending Israels offshore assets. The tests involved the participation of Israels air force and navy. The article also mentions the arrival of the INS Magen, the first of four new missile boats produced for Israel by Thyssenkrupp Marine Systems.
PartnersCustomers
Rafael unveils miniature drones, robot dogs
Israeli defense electronics company Rafael Advanced Defense Systems Ltd. has unveiled a range of advanced combat systems for the future battlefield including miniature drones, a robot dog, and an automatic target recognition system (ATR). The systems are designed to reduce casualties in the future battlefield. Rafael is hoping to attract overseas buyers with these systems. Some of the systems are already in use by the IDF. The CEO of Rafael stated that the new systems provide solutions to defend the country against enemies and reduce casualties among combat soldiers.
Customers
Israel's Rafael announces $200 million weapons deal
Israeli defense contractor Rafael has received a $200 million order from a foreign state for Spike anti-tank missiles and Spice-2000 guided bombs. The client country is believed to be India, which has been increasing its military capabilities following border clashes with Pakistan and China. India is currently the largest client of Israels defense industries and has purchased these weapons systems before. The Spice bombs feature autonomous AI guiding and have a range of 100 kilometers. Rafael has sold 34,000 Spike missiles to 35 countries to date.
Customers
Rafael to test employees arriving at work for coronavirus
Rafael Advanced Defense Systems Ltd. will be the first company to carry out coronavirus tests on its employees as part of a contact tracing pilot proposed by the IDFs Home Front Command. The company will test workers upon arrival at work and provide results within six to eight hours. Employees who test positive will immediately enter quarantine to prevent an outbreak among coworkers. The testing is expected to be carried out by Home Front Command soldiers and Health Ministry employees. The pilot program aims to increase the number of daily coronavirus tests and more companies are expected to join. The testing will not be mandatory but encouraged by the company. The article was published on November 11, 2020.
Customers
https://www.jpost.com/israel-news/rafael-advanced-defense-systems-to-take-part-in-idex-2021-647654
Rafael Advanced Defense Systems and Israel Aerospace Industries, among other Israeli defense companies, will showcase their products at the International Defence Exhibition and Conference (IDEX) in Abu Dhabi in February. This participation has been facilitated by the recent normalization deal signed with the UAE. The companies will be joined by others such as SmartShooter and BIRD Aerosystems. The Defense Ministry will decide which other companies will participate and what systems they will be allowed to display. This comes as Israeli defense companies have been invited to participate in the exhibition after IDEX signed an agreement with the ISDEF Defense and Security Exhibition in partnership with the Avnon Group.
PartnersExpand
Rafael to host Quantum Technologies workshop
The Quantum Technologies Consortium (QTC) will be streaming its annual Zoom workshop live on October 28. The Consortium, supported by the Israel Innovation Authoritys MAGNET program, aims to develop improved quantum technologies through cooperation between researchers. The workshop will feature lectures from various experts in the field of quantum technologies. Partners involved in the workshop include Rafael Advanced Defense Systems Ltd., AccuBeat, Israel Aerospace - ELTA Industries, Weizmann Institute of Science, Technion Israel Institute of Technology, Bar-Ilan University, Ariel University, and Ben Gurion University of the Negev.
Partners
Rafael develops new navigation system that is immune to GPS jamming
Israeli defense contractor Rafael Advanced Defense Systems has developed a jamming immune navigation system for combat vehicles that does not rely on GPS. The system, named CT-MENTOR, uses 3D imaging analysis to determine the vehicles exact location within five meters. It combines aerial photos with real-time scanning from cameras installed on the vehicles. The system has been showcased to foreign militaries and is set to cost several thousand dollars per vehicle. The Israeli Defense League (IDF) is waiting for budgetary approval to begin installation.
CustomersPartners
Rafael enters the computer vision market, in talks to launch joint defense company with AnyVision
Israeli defense contractor Rafael Advanced Defense Systems Ltd. is in advanced negotiations with AnyVision Interactive Technologies Ltd. to form a joint company based on the latters defense activities. Rafael will acquire 50% of the shares of the new company, with the remainder going to AnyVisions existing shareholders. The deal has received permission from most Israeli regulators. Rafael will invest tens of millions of dollars in the acquisition. AnyVision is known for its computer vision technology and the new joint company will adapt it for military purposes. AnyVisions civilian activities will be separated from its defense-related work.
Acquisition
מערכת שפותחה ע"י רפאל ומיקרוסופט מאפשרת לצמצם חשיפת רופאים למטופלים
Rafael and Microsoft have developed Rstream, a cloud-based system that uses artificial intelligence to securely transmit medical data and manage information from anywhere. The system, which has been deployed at Rambam Hospital in Haifa, focuses on video streaming and image processing, using artificial intelligence and Microsoft Azures cloud computing capabilities. The system can extract vital patient data directly from video analysis. The data from each patient is secured and streamed to control center systems and a dedicated mobile application.
Partners
Rafael to open Tel Aviv space center for mini spy satellite development
Israeli defense contractor Rafael Advanced Defense Systems is launching a new development center dedicated to space technology in Tel Aviv. The company aims to take advantage of the drop in the price of space launches to develop smaller and more affordable satellites. Rafael has received an order from the Israeli Ministry of Defense for an advanced system of miniature spy satellites. The new center will focus on command and control features, image and data processing, and other aspects of satellite technology. The main product to be developed is the Lite-SAT, an observation satellite that weighs less than 100 kilograms and costs an estimated $10 million. Rafaels entry into satellite manufacturing is seen as a growth-positive move for the company.
PartnersInvestmentAcquisition
Israeli arms developer unveils new anti-tank missile, with 32-kilometer range
Israeli weapons manufacturer Rafael Advanced Defense Systems has unveiled a new anti-tank missile, the Spike NLOS. The fifth-generation missile has a range of 32 kilometers and is being produced for the Polish military under a contract with Warsaw. The missile is known for its low-signature launch and pinpoint accuracy, and it can target sites both within and out of sight using digital coordinates. Rafael Advanced Defense Systems is a major player in Israels defense industry, and the companys growth is expected to be positive due to the development and production of the new missile. The article also mentions Israels defense exports, which reached $7.2 billion in 2019.
PartnersCustomers
Rafael offers new multi-missile launcher for Poland's tank-destroyer program
Rafael Advanced Defense Systems has joined Poland’s Ottokar-Brzoza tank-destroyer program, offering its line of anti-tank guided missiles for the country’s ground forces. The company unveiled a new multi-missile launcher that Poland could incorporate onto its BWP-1 or KTO Rosomak armored vehicles. The tender is potentially worth hundreds of millions of dollars. Other missiles, such as the MBDA Brimstone and Lockheed Martin’s Hellfire, are also reportedly under consideration. Rafaels Spike NLOS launcher has a standoff range of 32 kilometers and is part of the company’s Spike family of weapons. Poland has previously ordered Spike missiles from Rafael.
PartnersCustomers
The New Israeli State-Owned Company Developing Secret Rocket Technology
Tomer, a state-owned Israeli company specializing in rocket propulsion, ended 2019 with sales of approximately $94 million, mainly to local conglomerates Israel Aerospace Industries Ltd., Rafael Advanced Defense Systems Ltd., and Elbit. The company was set up to safeguard classified technologies ahead of the privatization of state-owned Israeli arms manufacturer IMI Systems Ltd. Tomer is currently in talks with several companies in Japan and the U.S. for the direct sale of its rocket engines for foreign projects. The Ministry of Defense has approved a $290 million budget for Tomer to refurbish its manufacturing and development equipment.
CustomersPartnersInvestment
Coming soon across Israel: Futuristic temperature testers using defense tech
Israeli defense companies, including Iron-Drone, are innovating to develop temperature screening machines to automate the process of checking customers temperatures. The technology is being developed quickly due to the existing building blocks in the defense sector. Iron-Drone, known for making technology to intercept malicious drones, has designed a temperature device prototype that was tested in a supermarket within two weeks. Another defense company, Rafael Advanced Defense Systems, has developed its own temperature checker using an existing thermal camera with algorithms to detect body temperature. The technology is already in use at hospitals and clinics and is expected to expand to shops and malls. The new temperature screening machines are predicted to become commonplace and will likely stay in place even after the coronavirus crisis subsides.
CustomersPartners
Rafael Tailors AI Big Data Tech to Combat Coronavirus
Israeli defense technology company, Rafael Advanced Defense Systems Ltd., has developed an AI-based big data system called Wisdom Stone that can predict future outbreaks of Covid-19. The system gathers and analyzes data from various sources, including population density, social media, and patient information, to accurately identify the center of future outbreaks and alert the Ministry of Health and hospitals. Rafael has offered its services to the Israeli Ministry of Health to help combat the pandemic. The system could be particularly valuable in predicting ventilator shortages if the number of seriously ill Covid-19 patients significantly increases. Wisdom Stone was unveiled in 2016 and has been adapted to work with civilian databases.
Customers
Rafael adds drone destruction laser to Drone Dome
Rafael Advanced Defense Systems has added a laser cannon to its Drone Dome system, which is designed to destroy or disable drones and UAVs. The system has already been sold to a number of customers worldwide, including the UK army. The laser cannon has the capability to destroy drones and UAVs at a distance of kilometers with maximum accuracy, even when they move in squadrons. The system was developed in response to the growing threat of drones and autonomous aircraft. Rafaels Drone Dome system is part of its air defense systems, along with Iron Dome, Davids Sling, SPYDER, and others.
Customers
Rafael wins IDF intelligence systems tender
Rafael Advanced Defense Systems has been awarded a classified tender by the Israel Ministry of Defense worth billions of shekels. The contract is for the development and supply of intelligence systems to the Israel Defense Forces over a period of 20 years. Rafael bid for the tender with UAV developer Aeronautics, which it acquired several months ago. The decision to award the tender to Rafael is expected to benefit the company, as it includes elements developed and manufactured by Aeronautics. The specific details of the contract and the financial impact on the company were not disclosed.
PartnersAcquisition
Rafael chairman Uzi Landau: We're planning acquisitions
Rafael Advanced Defense Systems Ltd. chairman Dr. Uzi Landau announced at the Globes Defense Industry Conference that the company plans to expand its portfolio and acquire new companies in order to compete with Lockheed Martin and other companies. Landau emphasized the importance of technological changes and the need to enter new fields, such as the low altitude field. He also discussed the challenges of developing supersonic missiles and the need for Israel to decide which areas to allow competition and which to develop independently. Landau expressed confidence in the companys relations with the Ministry of Defense and expressed hope for an extension of his term as chairman.
Acquisition
Rafael to Provide German Military With Anti-Tank Missiles
Rafael delivers US army tank protection systems
Rafael Advanced Defense Systems has delivered a first consignment of Trophy anti-missile protection systems to the US Army as part of a $500 million deal. The Trophy system is sought after for its ability to defend tanks against a wide range of battlefield threats. Rafael signed deals with the US Army in 2018 and early 2019 to supply Trophy systems. The system is being supplied in partnership with Leonardo DRS and Israel Aerospace Industries Ltd. Production of about half of the components is being carried out in the US. The CEO of Rafael expressed satisfaction that Israeli technology will play a major role in protecting US soldiers.
PartnersAcquisition
Rafael Buys 50% Stake in Aerospace Engineering Company Kanfit
Rafael Advanced Defense Systems has acquired a 50% stake in Kanfit Ltd., an Israeli aerospace engineering company. The deal is valued at tens of millions of shekels. Kanfit will become a subsidiary of Rafael. Prior to this acquisition, Rafael had no activity in the UAV market. The acquisition of Kanfit, along with the recent acquisition of drone maker Aeronautics, allows Rafael to gain a foothold in the UAV market. Kanfits major customers include Israel Aerospace Industries, Rafael, Saikon, Boeing, and Lockheed Martin.
PartnersAcquisition
Rafael Completes Aeronautics Acquisition
Israeli defense contractor Rafael Advanced Defense Systems Ltd. and Israeli businessman Avihai Stolero have completed the acquisition of drone maker Aeronautics Ltd. Aeronautics announced it will be delisting from the Tel Aviv Stock Exchange. The NIS 850 million (approximately $243.5 million) deal was approved by the Israeli government. Aeronautics develops military drones and has more than 45 defense, military, and homeland security customers worldwide.
Acquisition
Israeli Defense Contractor Rafael Opens New Facility in India
Israeli defense contractor Rafael Advanced Defense Systems Ltd. and Astra Microwave Pvt Ltd. have inaugurated their joint manufacturing facility in Hyderabad, India. The facility will develop and manufacture broadband communication systems for the Indian Armed Forces. Israel has been a major supplier of arms to India, accounting for 15% of Indias arms imports from 2014 to 2018. Rafael has been active in India for over two decades and has previously supplied missiles to the Indian Air Force. In 2016, the Indian government agreed to purchase anti-tank missiles from Rafael, but the deal appears to have been scrapped.
Partners
Rafael Receives Final Approval for Aeronautics Acquisition
Israeli drone maker Aeronautics Ltd. has been acquired by Israeli defense contractor Rafael Advanced Defense Systems Ltd. and Israeli businessman Avihai Stolero. The NIS 850 million ($243.5 million) deal was approved by the Israeli Government Companies Authority. Aeronautics, which was previously trading at a market capitalization of NIS 400 million ($114.6 million), will now delist from the Tel Aviv Stock Exchange.
Acquisition
Rafael develops nano surveillance satellites
Rafael Advanced Defense Systems is expanding into the surveillance satellites market, introducing its new satellite system called Lite Sat. The system consists of groups of nano-satellites that can be used for observation missions. Rafael aims to compete with Israel Aerospace Industries (IAI) in overseas tenders and Israeli Ministry of Defense procurement programs. The companys decision to enter the satellite market follows its involvement in satellite programs as a subcontractor for IAI. Rafaels new satellite system offers full intelligence coverage at a high frequency for a lower price compared to IAIs large surveillance satellites. The company is in talks with the Ministry of Defense for possible cooperation. Rafaels growth and sales have been positive, and it is also in the process of acquiring Aeronautics to boost its growth in the small UAVs market.
PartnersCustomers
US buys Israeli weapon system for $500 million
Rafael Advanced Defense Systems, an Israeli company, has sold its Trophy system to the US Army in a $500 million deal. The Trophy system is designed to protect armoured vehicles from missiles and mortar shells. The US Army had previously ordered units of the system in 2017 for $193 million to protect its Abrams tanks, and now plans to increase the order and extend the number of tanks to be protected. Rafael also intends to provide a light version of Trophy for the armoured personnel carriers Bradley and Stryker. The intercept rate for the carriers is said to be 95%.
Acquisition
Rafael's SPIKE LR Undergoes Successful Testing and Evaluation by Romanian Army
Rafael to open Beersheva R&D branch
Rafael Advanced Defense Systems Ltd. will open a research and development branch at the Advanced Technologies Park adjacent to Ben-Gurion University of the Negev in Beersheva. The move is seen as a positive growth opportunity for the company. Rafael aims to expand its potential human resources in technological fields such as mechanical, electrical, and computer engineering. The company recognizes the skills and innovation available in Beersheva and plans to recruit outstanding engineers from all around the country. The branch will contribute to employment in additional cities and reinforce Beershevas position as a hi-tech capital.
Expand
Rafael opens missile joint venture in India
Rafael Advanced Defense Systems has inaugurated a new plant in Hyderabad, India, in partnership with Kalyani Group. The plant will manufacture Spike antitank missiles and other weapons. The $900 million deal was agreed upon three years ago, and the joint plant is expected to support future manufacturing activities by Rafael. The company plans to compete in numerous procurement tenders in Indias defense sector. Rafael is committed to the Indian governments policy of local production and transferring know-how to India. The joint company, Kras, is owned 51% by Kalyani Group and 49% by Rafael.
PartnersInvestment
Rafael unveils laser based drone interception system
Israeli defense company Rafael Advanced Defense Systems Ltd. has unveiled a new laser weapon system called Drone Dome, which is capable of locating and destroying hostile drones. The system uses radar and a laser beam to intercept drones at a range of several kilometers. Rafael claims that Drone Dome is the first system of its kind on the market. The company recently completed successful trials and declared the system operational. The threat posed by drones is a major challenge for defense systems worldwide, and Rafaels solution aims to address this issue.
Customers
Rafael and Aeronautics complete Controp acquisition
Rafael has completed the acquisition of 50% of Controp Precision Technologies Ltd. shares, increasing its stake to 50%. Controp is a manufacturer of electro-optical and precision motion control systems. Rafael and Aeronautics will provide support to Controp, enabling it to continue providing solutions to the IDF and clients overseas.
Acquisition