No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 3, 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

Defense Ministry, Rafael complete David’s Sling trials

by TheAdviserMagazine
5 months ago
in Business
Reading Time: 2 mins read
A A
Defense Ministry, Rafael complete David’s Sling trials
Share on FacebookShare on TwitterShare on LInkedIn



Israel’s Ministry of Defense Directorate for R&D (DDRD) (MAFAT) together with the US Missile Defense Agency (MDA) and Israeli defense electronics company Rafael Advanced Defense Systems have successfully completed a series of trials of the David’s Sling advanced missile defense system. David’s Sling intercepts various threats including rockets, missiles, cruise missiles, aircraft and drones.

The trials, followed from the operational lessons learned during the war, included a variety of challenging scenarios in accordance with existing and evolving threats. The success of the tests constitutes another technological and operational leap in upgrading the system, which demonstrated high performance capabilities during the war with successful interceptions that saved lives and prevented heavy damage.

David’s Sling was sold to Finland in August 2023 for €316 million. The system has a range of up to 300 kilometers and a speed of 2.55 kilometers per second (Mach 7.5), and the cost of each interceptor is $700,000. Its first operational interception was before the war, in May 2023 in Operation Shield and Arrow.

The David’s Sling system has maneuvering capabilities, which are especially important in the international arena. The system also reflects domestic cooperation with MMR radar developed by Israel Aerospace Industries Elta division and the Golden Almond command and control system developed by Elbit Systems Elisra unit.

Cheaper than the Patriot

The success of David’s Sling led Israel’s Ministry of Defense to decide in May 2024 to decommission the US Patriot batteries. This was a major achievement for Rafael and made headlines around the world. The decision stemmed, in part, from the fact that David’s Sling is a national system – meaning that one system can cover the territory of the entire country in Israel, while the Patriot is based on batteries that cover only a specific region.

“David’s Sling” is a product that has achievements very close to the PAC3 level, the most advanced interceptor in the Patriot series. But the Israeli interceptor is cheaper. Thus, each PAC3 interceptor is estimated to cost about $6 million, while a David’s Sling interception costs Israel about $700,000.

In addition, a study by the Center for Strategic and International Studies (CSIS) in December 2022 revealed that purchasing a new Patriot battery costs $1.1 billion, while the David’s Sling system was sold to Finland for $353 million.

Published by Globes, Israel business news – en.globes.co.il – on February 11, 2026.

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




Source link

Tags: completeDavidsdefenseMinistryRafaelSlingTrials
ShareTweetShare
Previous Post

Market Wrap: Sensex snaps 3-day gain, Nifty holds 25,900 as IT selloff dampens sentiment

Next Post

Bitcoin Lacks ‘Fundamental Narrative’ To Draw Investors, Says Jordi Visser — Macro Guru Argues Most Will Favor Biggest ‘Liquid Companies’ Over BTC

Related Posts

edit post
The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

by TheAdviserMagazine
July 3, 2026
0

Two hundred and fifty years ago, a group of founders gathered in Philadelphia with quill pens, ink, and parchment to...

edit post
Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani

Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani

by TheAdviserMagazine
July 3, 2026
0

After nearly two years of relentless underperformance, India's information technology sector could finally be approaching an inflection point. While concerns...

edit post
Inside the mind of Kevin Warsh, as told by Condoleezza Rice, Jerry Yang and Donald Kohn

Inside the mind of Kevin Warsh, as told by Condoleezza Rice, Jerry Yang and Donald Kohn

by TheAdviserMagazine
July 3, 2026
0

The first time former Secretary of State Condoleezza Rice encountered Kevin Warsh was in the 1980s when she was an...

edit post
Court Hands Democrats Another Win Against Trump on Vote by Mail

Court Hands Democrats Another Win Against Trump on Vote by Mail

by TheAdviserMagazine
July 3, 2026
0

President Donald Trump wants to halt vote-by-mail in states that refuse to turn over voter data to the administration. But...

edit post
Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why

Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why

by TheAdviserMagazine
July 3, 2026
0

The shares of Sumitomo Chemical India rallied sharply by around 11% on Friday, with the stock on track to record...

edit post
America 250: On the Cusp of History

America 250: On the Cusp of History

by TheAdviserMagazine
July 3, 2026
0

Tomorrow, July 4, 2026, marks the 250th anniversary of American independence. Folks everywhere will celebrate a milestone no nation in...

Next Post
edit post
Bitcoin Lacks ‘Fundamental Narrative’ To Draw Investors, Says Jordi Visser — Macro Guru Argues Most Will Favor Biggest ‘Liquid Companies’ Over BTC

Bitcoin Lacks 'Fundamental Narrative' To Draw Investors, Says Jordi Visser — Macro Guru Argues Most Will Favor Biggest 'Liquid Companies' Over BTC

edit post
Republicans Save the Department of Education

Republicans Save the Department of Education

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

June 15, 2026
edit post
Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

0
edit post
Online “finfluencers” grow up – MoneySense

Online “finfluencers” grow up – MoneySense

0
edit post
Tracing Jefferson’s Libertarian Thought in the Declaration of Independence

Tracing Jefferson’s Libertarian Thought in the Declaration of Independence

0
edit post
Sterling Infrastructure Plunges 10.8% Amid Sector-Wide Selling

Sterling Infrastructure Plunges 10.8% Amid Sector-Wide Selling

0
edit post
Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why

Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why

0
edit post
Squishies Ocean Squishy Fidget Toys only .99!

Squishies Ocean Squishy Fidget Toys only $2.99!

0
edit post
Squishies Ocean Squishy Fidget Toys only .99!

Squishies Ocean Squishy Fidget Toys only $2.99!

July 3, 2026
edit post
Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

July 3, 2026
edit post
Is Surge Pricing Coming for Your Groceries? Learn Now How to Protect Your Wallet

Is Surge Pricing Coming for Your Groceries? Learn Now How to Protect Your Wallet

July 3, 2026
edit post
Online “finfluencers” grow up – MoneySense

Online “finfluencers” grow up – MoneySense

July 3, 2026
edit post
The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

July 3, 2026
edit post
‘Nothing Illegal, Nothing Wrong’: Trump Defends .4 Billion Crypto Profits From 2025

‘Nothing Illegal, Nothing Wrong’: Trump Defends $1.4 Billion Crypto Profits From 2025

July 3, 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

  • Squishies Ocean Squishy Fidget Toys only $2.99!
  • Autheo Pitches Decentralized Operating System For AI Agents And Blockchain
  • Is Surge Pricing Coming for Your Groceries? Learn Now How to Protect Your Wallet
  • 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.