Rafael set to win huge IDF reactive armor order

Merkava
Merkava

The order is believed to exceed NIS 500 million for hundreds of Rafael's Trophy systems.

Rafael Advanced Defense Systems Ltd. is likely to receive an order worth hundreds of millions of shekels for the supply of defense systems designed to protect tanks and armored personnel carriers (APCs). The order is believed to exceed NIS 500 million for hundreds of Rafael's Trophy systems.

Trophy is an active defense system developed and manufactured by Rafael that has been installed on some Mark IV Merkava tanks used by IDF armored forces. The system was in operational use in the Gaza Strip during Operation Protective Edge over two years ago. The system is capable of detecting, identifying, and intercepting threats aimed at tanks and APCs, such as advanced antitank missiles and RPG rockets.

Today, every Mark IV Merkava tank coming off the Ministry of Defense Tank Program Administration assembly line has an advanced defense system installed on it, as do the Namer APCs (Merkava APCs).

Implementing lessons

The Ministry of Defense today said that hundreds of these defense systems would be procured in the coming years under the IDF Gideon multi-year plan, according to orders issued by Ministry of Defense director general Maj. Gen. (res.) Udi Adam to the ministry's procurement authority. Even before the decision to procure hundreds of the advanced defense systems, the Ministry of Defense decided to expedite procurement of Namer APCs for IDF infantry units as part of its implementation of lessons learned in Operation Protective Edge. These APCs are regarded as well protected against a broad range of threats, in contrast to outdated APCS still used by infantry forces.

In recent months, IDF ground forces and the Tank Administration have completed a series of tests of the Trophy systems installed on Namer APCs. The Ministry of Defense said that the tests were successful, and that completion of the system's integration had facilitated its decision to procure these systems on a large scale. The Ministry of Defense also said that the system had thwarted attempts by Hamas to attack IDF vehicles using antitank missiles in many cases during Operation Protective Edge. Two months ago, the Ministry of Defense and the IDF unveiled a prototype of a new wheeled APC in the development stages, called Eitan. This APC is designed to replace the aging M-113 used by IDF combat troops. The new APCs will also be protected with Trophy systems.

Published by Globes [online], Israel business news - www.globes-online.com - on November 10, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

Deflated unicorn credit: Shutterstock Big Tech 50 reports more huge falls in startup valuations

Israeli R&D partnership Big Tech 50 reports that an investment of $2 million in Orcam made in 2021, shrank to just $31,000 at the end of 2024.

NextFerm technologies based on yeast credit: NextFerm Food-tech co NextFerm suspends operations

The company, which produces food ingredients in yeast without genetic engineering, cannot pay its debts and is seeking a buyer.

Minister of Finance Bezalel Smotrich credit: Shlomi Yosef OECD sees recovery in growth but high inflation

The OECD Israel Economic Survey 2025 recommends that the Israeli government take several restraining measures, in order to exit the economic storm created by the war.

Dano Ben-Hur credit: Dror Sithakol Statisticians contradict BoI on impact of housing finance deals

The Central Bureau of Statistics insists the impact of 20/80 buy now pay later financing deals on the real estate market and housing prices is minimal.

Governor of the Bank of Israel Amir Yaron  credit: Government Press Office Debt fears top Bank of Israel's concerns

Most unusually, Governor of the Bank of Israel Amir Yaron's press conference last week did not focus on inflation and the impending interest rate decision.

US President Donald Trump  credit: Reuters/Leah Millis Israel moves to avoid Trump's tariffs axe

Minister of Finance Bezalel Smotrich has signed an order canceling all tariffs on imports from the US. The impact will mostly be on agricultural produce.

Forbes Rich List credit: Shutterstock Maslowski Marcin Wiz founders ranked in Forbes 2025 Rich List

There are a few dozen Israelis listed in the 2025 Forbes Real-Time Billionaires List including Wiz founders Assaf Rappaport, Yinon Costica, Roy Reznik and Ami Luttwak.

SatixFy CEO Nir Barkan credit: Ariel Barkan Canada's MDA Space to buy Israeli satcom co SatixFy

MDA Space will pay $269 million for the Israeli company, including taking on a $76 million debt and a 75% premium on SatixFy's closing price on Nasdaq yesterday.

Raising dollars credit: Shutterstock Israeli startups raised over $1b in March

Israeli privately-held tech companies have raised $2.1 billion in the first three months of 2025, according to IVC-LeumiTech, up 24% from the corresponding quarter of 2024.

Terminal 1 credit: Personal image Terminal 1 reopening revives Israel low-cost fare options

With the opening of the terminal for international flights, the Irish low-cost airline Ryanair has returned to Israel and with it, double-digit US dollar round-trip fares.

Arkady Volozh  credit: Shlomi Yosef Analysts see Israel-linked Nebius challenging CoreWeave

Nebius, founded by Yandex founder Arkady Volozh, operates in CoreWeave's AI server market, but is growing "more rationally", and has far less debt.

Bezalel Smotrich and Amir Yaron credit: Knesset Spokesperson and Tali Bogdanovsky Retail chains, credit card cos could soon act as banks

Israel's financial regulators have proposed that supermarket chains, credit card companies and investment houses will be able to accept deposits and offer credit.

Elbit Systems rocket launcher  credit: Elbit Systems Elbit Systems wins $130m European rocket order

The order is for the supply of rockets for Elbit's Precise and Universal Launching System (PULS), which has an effective range of up to 300 kilometers.

Nvidia VP Ali Kani credit: Nvidia Nvidia intensifies efforts to compete with Mobileye

"Globes" talks to Nvidia VP and automotive team head Ali Kani about the chipmaker's autonomous vehicle activities and assesses the threat to Mobileye.

Fitch ratings agency credit: Shutterstock Fitch reaffirms Israel's A rating with negative outlook

The ratings agency said, "The negative outlook reflects rising public debt, domestic political and governance challenges and uncertain prospects for the conflict in Gaza."

Tamar rig credit: PR Sovereign Wealth Fund earned handsome returns in 2024

Israel's Sovereign Wealth Fund, known as the Citizens' Fund, had assets worth about $2 billion at the end of 2024, the Ministry of Finance reports.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018