8 stories found
VW leadership confirms discussions with Rafael Advanced Defense Systems to adapt its Osnabrück facility for missile defense manufacturing, drawing protest from a major Qatari investor.
Romania has finalized its initial contract with Israel's Rafael Advanced Defense Systems for the acquisition of air defense systems.
Israeli defense company Rafael Advanced Defense Systems is reportedly planning to purchase a Volkswagen factory located in western Germany. This move marks a significant expansion for the Israeli firm into the German industrial sector.
Qatar's state investment fund has reportedly blocked a planned collaboration between German automaker Volkswagen and Israeli defense company Rafael Advanced Defense Systems, which aimed to produce components for the Iron Dome missile defense system.
Israel is reportedly weighing the possibility of US initial public offerings (IPOs) for its multi-billion-dollar defense companies, Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems. This move could open up significant investment opportunities for the defense champions.
Volkswagen is reportedly in negotiations with Israel's Rafael Advanced Defense Systems to convert its Osnabrück plant for the production of components for the 'Iron Dome' air defense system, a move that could save jobs but has sparked alarm over ethics and political fallout for the German 'city of peace'.
Sources indicate that Israel's Rafael Advanced Defense Systems is turning to India for Iron Dome missiles, a potential deal that could boost India's 'Make-in-India' initiative and reinforce its role as a defense partner.
Israel's Iron Dome defense system has intercepted 99% of missiles fired from Iran, Hamas, and Hezbollah. The chairman of Rafael Advanced Defense Systems stated that Iran alone has launched approximately 1,500 ballistic missiles at Israel in two rounds of fighting since 2024.