No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, October 23, 2025
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

Rafael wins €358m German targeting pods deal

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 2 mins read
A A
Rafael wins €358m German targeting pods deal
Share on FacebookShare on TwitterShare on LInkedIn


Israeli defense electronics company Rafael Advanced Defense Systems announced today that it is selling 90 Litening 5 targeting pods to the German Air Force. The deal, which is worth about €358 million was approved by the budget committee of the German parliament in June, according to reports in the German media. The components will be used by the German Air Force in its Typhoon aircraft. The company said it is a fifth-generation system for air-to-ground surveillance and guidance of weapons. According to Rafael, it is currently in operational service with 28 air forces around the world and more than 2,000 units have been sold so far.





RELATED ARTICLES




Rafael teams with Lulav Space on precise drone interception


Rafael wins $2.2b Romanian air defense deal


Israel and Germany sign $3.5b Arrow 3 deal


Defense Ministry awards Rafael $5.2b US-funded air defense contract






The German Air Force is conducting extensive cooperation with the Israeli defense sector, which includes leasing drones in a deal worth €1 billion with Israel Aerospace Industries and Israel’s Ministry of Defense, as well as the rapid deployment of the Arrow 3 system.

Rafael said in a press release, “The decision by the German government, following the Litening 3 procurement, to pprocure the advanced Litening 5 model, reflects satisfaction with an operationally proven system, with an emphasis on accuracy, sustainability and future feasibility. This is part of a recent European trend that prioritizes sensor upgrades over the procurement of new platforms.” These pods are also installed on Israeli Air Force aircraft, it was reported.

In Germany, it was reported that the reasons for approving the system’s procurement in both the defense committee and budget committee were the system’s capabilities, which include locking on to a target even in cases where the flight altitude changes sharply, and also in cases where the target moves. Thermal sensors allow targets to be identified even in poor visibility conditions, it was reported. The need for procuring the new system also stated that it contains more sensitive sensors with greater power and range, so that it “significantly improves the aircraft’s combat capabilities.” According to the report, the system enables attacking targets up to a range of more than 100 kilometers from the aircraft’s location.

Published by Globes, Israel business news – en.globes.co.il – on August 26, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: 358mdealGermanpodsRafaelTargetingWins
ShareTweetShare
Previous Post

Growing From $200M To $1.4B In 5 Years By Spending 15% Of Revenue On Marketing (That Still Works): #FASuccess Ep 452 With Gabriel Shahin

Next Post

Silicon Valley Pours $100M Into AI Super‑PAC, Echoing Crypto Industry Lobbying Playbook

Related Posts

edit post
Goldman aims for ‘PE returns’ with new ETF

Goldman aims for ‘PE returns’ with new ETF

by TheAdviserMagazine
October 23, 2025
0

Goldman Sachs Asset Management is teaming up with MSCI Inc. to launch an exchange-traded fund that aims to deliver returns...

edit post
Tesla’s weak earnings show how the ‘Musk Magic’ Premium is inflating its share price

Tesla’s weak earnings show how the ‘Musk Magic’ Premium is inflating its share price

by TheAdviserMagazine
October 23, 2025
0

Over the past year, on the day after Tesla unveils its latest quarterly report, this writer has calculated a metric...

edit post
Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed

Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed

by TheAdviserMagazine
October 23, 2025
0

The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no...

edit post
One Nation, One Workforce: Govt plans integrated system to ensure social-security portability for all workers

One Nation, One Workforce: Govt plans integrated system to ensure social-security portability for all workers

by TheAdviserMagazine
October 23, 2025
0

New Delhi: The ministry of labour and employment plans to build a unified One Nation Integrated Workforce Architecture that will...

edit post
NYC mayoral candidates turn on each other in final debate: ‘Zohran, your resume could fit on a cocktail napkin. And, Andrew, your failures could fill a public school library in New York City’

NYC mayoral candidates turn on each other in final debate: ‘Zohran, your resume could fit on a cocktail napkin. And, Andrew, your failures could fill a public school library in New York City’

by TheAdviserMagazine
October 23, 2025
0

 Zohran Mamdani was attacked over his thin resume, Republican Curtis Sliwa strove to prove his seriousness as a candidate and...

edit post
Corporate debt surge: Commercial paper issuances hit highest since April

Corporate debt surge: Commercial paper issuances hit highest since April

by TheAdviserMagazine
October 23, 2025
0

Indian companies increased their reliance on the debt money market for their short-term working capital needs with the issuance value...

Next Post
edit post
Silicon Valley Pours 0M Into AI Super‑PAC, Echoing Crypto Industry Lobbying Playbook

Silicon Valley Pours $100M Into AI Super‑PAC, Echoing Crypto Industry Lobbying Playbook

edit post
AI: The Next Evolution in Business Transformation

AI: The Next Evolution in Business Transformation

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Mobileye raises guidance, narrows loss

Mobileye raises guidance, narrows loss

0
edit post
Everyone is waiting for Friday’s big inflation report. Here’s what to expect

Everyone is waiting for Friday’s big inflation report. Here’s what to expect

0
edit post
US Dollars Go On-Chain as Uphold and Vast Bank Fuse Banking With Blockchain

US Dollars Go On-Chain as Uphold and Vast Bank Fuse Banking With Blockchain

0
edit post
Tesla Earnings Today: What to Watch

Tesla Earnings Today: What to Watch

0
edit post
China to bolster consumption, tech development as U.S. tensions simmer

China to bolster consumption, tech development as U.S. tensions simmer

0
edit post
Retired and Lost: 12 Things Retirees Can Do to Ease Loneliness and Cut Real Health Risks

Retired and Lost: 12 Things Retirees Can Do to Ease Loneliness and Cut Real Health Risks

0
edit post
US Dollars Go On-Chain as Uphold and Vast Bank Fuse Banking With Blockchain

US Dollars Go On-Chain as Uphold and Vast Bank Fuse Banking With Blockchain

October 23, 2025
edit post
Goldman aims for ‘PE returns’ with new ETF

Goldman aims for ‘PE returns’ with new ETF

October 23, 2025
edit post
How advisors are using AI without explicit SEC guidance

How advisors are using AI without explicit SEC guidance

October 23, 2025
edit post
Kraken Posts Record Revenue in Q3 Amid Expansion, IPO Buzz

Kraken Posts Record Revenue in Q3 Amid Expansion, IPO Buzz

October 23, 2025
edit post
How Some Retirees Are Finding Happiness Again After Age 60

How Some Retirees Are Finding Happiness Again After Age 60

October 23, 2025
edit post
INTC Earnings: Intel swings to profit in Q3 FY25; revenue up 3%

INTC Earnings: Intel swings to profit in Q3 FY25; revenue up 3%

October 23, 2025
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

  • US Dollars Go On-Chain as Uphold and Vast Bank Fuse Banking With Blockchain
  • Goldman aims for ‘PE returns’ with new ETF
  • How advisors are using AI without explicit SEC guidance
  • 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.