Rafael Advanced Defense Systems delivered the first consignment of Trophy anti-missile protection systems to the US Army for Abrams tanks and APCs, part of a $500 million deal signed in 2018 and early 2019.
Rafael Advanced Defense Systems Ltd. acquired a 50% stake in Israeli aerospace engineering company Kanfit Ltd., making Kanfit a subsidiary. The deal is valued at tens of millions of shekels.
Rafael Advanced Defense Systems and Aeronautics signed a five-year cooperation agreement to develop and manufacture advanced drones based on Aeronautics's Orbiter family of UAVs, including joint marketing and sales.
Bisalloy Steels signed a $900,000 contract with Rafael Advanced Defense Systems to supply BISALLOY Armour steel for use in Rafael's add-on armour range for armoured fighting vehicles.