Israeli defense tech company; develops weapons and systems for national security.
Israel has secured a nearly €3 billion defense export deal with Greece, delivering a multi-layered air‑defense array including David’s Sling, SPYDER and BARAK MX, plus radars and a national command system. A supplementary €26 million deal covers Rafael’s Drone Dome. The package elevates relations amid regional tensions and Europe’s security recalibration.
Volkswagen has agreed to sell its Osnabrück factory to Aurelius Capital and the state of Lower Saxony and has announced an initial partnership with Rafael Advanced Defence Systems to produce air‑defence components from mid‑2027. The deal will secure at least 1,200 jobs and forms part of VW's broader Future Plan 2030 restructuring and 100,000 job reductions.