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May 24, 2015 9:43 PM ET

Aerospace and Defense

Company Overview of Rafael Advanced Defense Systems Ltd.

Company Overview

Rafael Advanced Defense Systems Ltd. engages in research, design, development, manufacture, and supply of defense systems for land, sea, air, and space applications in Israel and internationally. The company offers air warfare systems that include unmanned aerial vehicles, missiles and weapons, electronic warfare and self protection, reconnaissance and intelligence collection, as well as processing systems, dissemination tools, airborne data-links, communications command and control systems, and more; land combat systems that comprise mobile reconnaissance, high precision multi-purpose missiles and launchers, tactical C4I, fuel-air explosive minefield clearing, active protection solutions, r...

Industrial Zone

Kiryat Bialik Street

Haifa,  31021

Israel

Founded in 1948

Phone:

972 4 879 4444

Fax:

972 4 879 4681

Key Executives for Rafael Advanced Defense Systems Ltd.

Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Deputy Chief Executive Officer and Chief Operating Officer
Executive Vice President and General Counsel
Chief Compliance Officer and Vice President
Compensation as of Fiscal Year 2014.

Rafael Advanced Defense Systems Ltd. Key Developments

Rafael Advanced Defense Systems Ltd. Sets Up Joint Venture with Kalyani Group

Rafael Advanced Defense Systems Ltd. and Kalyani Group announced an agreement to establish a joint venture to produce missile systems, remotely controlled weapons positions, and advanced systems for the protection of tanks and APCs. Kalyani will own 51% of the new company, and Rafael 49%. The agreement between Rafael and Kalyani was signed during the Aero India weapons exhibition now taking place in Bangalore, India, which the leaders of the two companies are attending. It is believed that according to understandings reached before the agreement was signed, the production lines to be set up in India will produce components for Rafael's systems, including the Barak 1 missile, the Spike anti-tank missile, and others. The new company's production infrastructure is also expected to accommodate future production in India of the Magic Wand system for protection of armored vehicles against anti-tank missiles.

Israel Government To Privatize Companies In 2015

Israel Government in 2015 will seek to sell a minority stake in Israel Aerospace Industries Ltd., Israel Railways Corporation Ltd., Israel Electric Corporation Limited, Mekorot Water Co. Ltd., The Israel Postal Company Ltd., Rafael Advanced Defense Systems Ltd., Israel Military Industries Ltd, Haifa Port Company Ltd., Ashdod Port Company LTD and Israel Natural Gas Lines Ltd. with proceeds expected at ILS 4 billion. The ministry said some companies would be sold through the Tel Aviv Stock Exchange while others would be sold at one time or in stages in a private sale.

Rafael Advanced Defense Systems Ltd. Reports Earnings Results for the Year 2013

Rafael Advanced Defense Systems Ltd. reported earnings results for the year 2013. For the year, the company reported profit of ILS 366 million.

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