No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, August 6, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Spain to buy Rafael German unit missiles despite Israel protest

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
A A
Spain to buy Rafael German unit missiles despite Israel protest
Share on FacebookShare on TwitterShare on LInkedIn


The Spanish government of Prime Minister Pedro Sánchez’s is one of the most anti-Israeli in the EU, and this was demonstrated in June 2025, when the Ministry of Defense in Madrid suspended a €285 million deal to procure Spike LR2 anti-tank missiles from Rafael Advance Defense Systems as a protest against the war in Gaza. This meant Spain needed advanced missiles from elsewhere, so it turned to EuroSpike.





RELATED ARTICLES




Spain cancels €207m arms deal with Rafael


Spain cancels €700m Elbit artillery deal – report


Spain suspends deal for Rafael anti-tank missiles






Rafael owns 20% of the European company, with German companies Rheinmetall and Diehl, which each hold 40%. This company produces MELLS, the European variant of the Spike LR2, through which the Spaniards will also be able to use the Spike LR missiles that they have been operating for 17 years. The Sánchez government justified the deal by saying that the components of MELLS are manufactured in Europe.

The deal was first struck in October 2023, when the Spanish Ministry of Defense reached an agreement with Pap Tecnos, a subsidiary of Rafael in Spain, to purchase the Spike LR 2 missiles. The deal included 168 launchers, 1,680 missiles and full logistical support. When the decision was made to “suspend the agreement” there was an expectation that US giants Raytheon and Lockheed Martin would benefit from the anti-Israel policy through the sale of Javelin missiles, but Madrid is targeting MELLS, which is the same missile in a different guise.

The Spike series includes a wide range of models, adapted to different ranges and diverse platforms. The lightest model, Tact (Spike SR), weighs about 10 kilograms, is carried on the shoulder and is designed for ranges of up to 2 kilometers. At the other end of the spectrum, is the Spike NLOS known as Tammuz, which weighs about 71 kilograms, can hit a target up to 32 kilometers away, and can be launched from land, air and sea platforms. The biggest demand worldwide is for the Spike LR models (with a range of 4 kilometers) and the Spike LR2, with a range of 5.5 kilometers from the ground and 10 kilometers from the air.

Published by Globes, Israel business news – en.globes.co.il – on February 16, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: BuyGermanIsraelMissilesprotestRafaelSpainunit
ShareTweetShare
Previous Post

Harvard Cuts Bitcoin ETF Position, Backs Ether ETF With $86 Million

Next Post

US Dollar Index: Why Sustainability Above 97 Remains Unclear

Related Posts

edit post
Current price of oil as of Aug. 6, 2026

Current price of oil as of Aug. 6, 2026

by TheAdviserMagazine
August 6, 2026
0

By 7 a.m. Eastern Time today, oil had reached $83.64 per barrel, measured using the Brent benchmark. That’s 8 cents...

edit post
The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

by TheAdviserMagazine
August 6, 2026
0

With yesterday’s victory in Michigan for Abdul El-Sayed, one of the last pieces has fallen into place in key midterm...

edit post
Manipal Health shares slide 6% on account of profit booking. What should investors do?

Manipal Health shares slide 6% on account of profit booking. What should investors do?

by TheAdviserMagazine
August 6, 2026
0

Shares of Manipal Health Enterprises, which made a strong stock market debut on Wednesday, fell nearly 6% to an intraday...

edit post
Tax Authority warns higher income Israelis are leaving

Tax Authority warns higher income Israelis are leaving

by TheAdviserMagazine
August 6, 2026
0

Not only has the number of Israelis emigrating from Israel increased in recent years, but their economic profile has...

edit post
Cathie Wood’s ARK buys M SpaceX, M Nvidia; offloads Roblox, Palantir (RBLX:NYSE)

Cathie Wood’s ARK buys $23M SpaceX, $17M Nvidia; offloads Roblox, Palantir (RBLX:NYSE)

by TheAdviserMagazine
August 6, 2026
0

Aug 06, 2026, 2:03 AM ETRoblox Corporation (RBLX) Stock, SPCX Stock, NVDA Stock, ARK Stock, ARKG, ARKW, ARKF, ARKQ, ARKXSHOP,...

edit post
Sterlite Tech shares gain 4% on Rs 1,760 crore international order win

Sterlite Tech shares gain 4% on Rs 1,760 crore international order win

by TheAdviserMagazine
August 6, 2026
0

Shares of optical and digital solutions provider Sterlite Technologies climbed over 4% to trade at Rs 662 on Thursday after...

Next Post
edit post
US Dollar Index: Why Sustainability Above 97 Remains Unclear

US Dollar Index: Why Sustainability Above 97 Remains Unclear

edit post
Howmet Aerospace: High-Quality Growth – AlphaStreet News

Howmet Aerospace: High-Quality Growth - AlphaStreet News

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Manipal Health shares slide 6% on account of profit booking. What should investors do?

Manipal Health shares slide 6% on account of profit booking. What should investors do?

0
edit post
Human Flourishing and Marginal Utility

Human Flourishing and Marginal Utility

0
edit post
Bitcoin miner sells 1,619 Bitcoin at a  million loss before its AI data center paid rent

Bitcoin miner sells 1,619 Bitcoin at a $47 million loss before its AI data center paid rent

0
edit post
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

0
edit post
The internet doesn’t need more content. It needs more people who lived something first and wrote about it second.

The internet doesn’t need more content. It needs more people who lived something first and wrote about it second.

0
edit post
Channel Rebate Automation: The 2026 Guide to Scaling Incentives

Channel Rebate Automation: The 2026 Guide to Scaling Incentives

0
edit post
Bitcoin miner sells 1,619 Bitcoin at a  million loss before its AI data center paid rent

Bitcoin miner sells 1,619 Bitcoin at a $47 million loss before its AI data center paid rent

August 6, 2026
edit post
The internet doesn’t need more content. It needs more people who lived something first and wrote about it second.

The internet doesn’t need more content. It needs more people who lived something first and wrote about it second.

August 6, 2026
edit post
Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

August 6, 2026
edit post
Star Bulk Carriers Releases Q2 2026 Financial Results

Star Bulk Carriers Releases Q2 2026 Financial Results

August 6, 2026
edit post
Current price of oil as of Aug. 6, 2026

Current price of oil as of Aug. 6, 2026

August 6, 2026
edit post
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

August 6, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bitcoin miner sells 1,619 Bitcoin at a $47 million loss before its AI data center paid rent
  • The internet doesn’t need more content. It needs more people who lived something first and wrote about it second.
  • Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.