Our Bureau
01:04 PM, December 27, 2019
Rafael Wins Israel's Multi-Billion Shekel Intelligence Systems Contract

Israel Ministry of Defense has awarded Rafael a multi-billion shekel contract to provide the Israel Defense Forces (IDF) with intelligence systems.

The contract is for work over an estimated 20 years and includes developing and supplying intelligence gathering systems, command and control systems and more. The systems will serve the Israel Air Force, IDF Intelligence Unit and the Israeli GOC Army Headquarters, Globes reported Monday.

Rafael bid for the tender together with UAV developer Aeronautics, which it acquired several months ago for NIS 850 million. 

The company beat Elbit Systems which had also bid for the contract.Israel Aerospace Industries (IAI) reportedly withdrew from the tender in July 2018. IAI stated it was not economically worthwhile and also said that the terms of the tender would restrict its ability to market and sell parts of the new system to customers abroad.

Rafael and the Ministry of Defense declined to comment on the matter.