Friday, December 04, 2009
Raphael vs The Big Boys
Israel is starting to play against the world's largest weapons companies. The chances of Rafael Advanced Defense Systems Ltd. to supply large quantities of its Spike anti-tank missile to the French Army has recently increased, according to "Defense News". Rafael is competing against US giants Lockheed-Martin Corporation (NYSE: LMT) and Raytheon Company (NYSE: RTN) in the tender.
Until a short time ago, the Javelin missile, jointly built by Lockheed-Martin and Raytheon, was thought to be the preferred choice of France's Delegation generale pour l’armement (DGA) for the French Army's next-generation anti-tank missile. The situation in Paris has apparently changed, however. The Russian Chrisanthem is not even considered.
I am very impressed by my country. I am also sad that it came too late to save my people in Europe.