Israel has signed a contract to expand production capability of the Rafael Iron Beam laser-based defense system, aiming for service entry in about a year.
With the global arms market peaking and demand from the Israel Defense Forces expected to surge, state-owned IAI lost 13% of its workforce in a single stroke.
Speaking at Farnborough Airshow, CEO Yoav Tourgeman says Rafael is committed to R&D funding despite needing to ramp up production as its backlog rises.
The Italian Army has declared the new AW249 Fenice attack helicopter a pillar of its transformation, following its public debut at the Eurosatory defense show.
Airworthiness testing included eight firings of a Raafel Spike Non-Line-of-Sight missile from the latest version of the heavy attack helicopter, Lockheed said.
Thailand has quietly signed an MOU with Israel's Rafael that will see the potential manufacturing and assembly of Rafael's Spike anti-tank missiles in Thailand.
The site selection for the $33 million facility comes three years after Raytheon and Rafael announced plans to establish a U.S. domestic manufacturing center.
U.S. financial analysts do not see the latest Middle East conflict rising to the same level for a long-term arms buildup like the Russian invasion of Ukraine.
The Republic of Singapore Air Force confirms that it has integrated the Rafael Python-5 short-range air-to-air missiles as part of its F-16 mid-life upgrade.