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Ministry of Defense of Israel Signs US$530 Million Contract for Iron Beam Development

Oct 30, 2024•over 1 year ago

Contract Type

contract

IsraelManufacturing

Description

The Ministry of Defense of Israel has allocated US$530 million for the development of the laser air defense system known as Iron Beam. This major contract worth around 2 billion shekels involves collaboration with defense companies Rafael and Elbit.

Company Information

Company

Ministry of Defense of Israel Rafael Elbit

Location

Israel

About

The Ministry of Defense of Israel, Rafael, and Elbit are involved in the development and procurement of the laser air defense system known as Iron Beam.

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