No Result
View All Result
  • Login
Wednesday, December 10, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Germany to buy Rafael Spike missiles for €2b

by FeeOnlyNews.com
2 months ago
in Business
Reading Time: 2 mins read
A A
0
Germany to buy Rafael Spike missiles for €2b
Share on FacebookShare on TwitterShare on LInkedIn


The German Army has decided to procure Spike missiles from Israel’s Rafael Advanced Defense Systems for €2 billion. The Spike advanced anti-tank missile series, considered one of the most sought-after in the world, is manufactured by Eurospike – a joint venture founded in 2004 by Rafael (20%) and two German defense giants Rheinmetall and Diehl (40% each).

The Eurospike, Rafael EVP and general manager of the Land and Naval Systems Division Tzvi Marmor recently told “Globes” opens a marketing window by allowing the Israeli company to deal with geopolitical constraints in foreign markets. “There is geopolitics that affects the ability to sell and the need for local solutions, when it has the advantage of not being known as an Israeli company.”





RELATED ARTICLES




“Iron Beam is ready”


Lockheed Martin to sell Rafael Spike missiles to US Army


Rafael wins $2.2b Romanian air defense deal






As part of this partnership, most of the production is carried out in Europe, and the official export figures only include Rafael’s share of the overall deal’s revenue.

“Rafael’s relationship with Rheinmetall and Diehl is amazing, and has proven itself,” a senior defense official tells Globes. “Portraying the deals as German as part of Eurospike is a smart move by Rafael, which has resulted in Spike becoming NATO’s unofficial missile and the most sought-after missile in the world. This is a model of how an Israeli company should operate, by joining forces with European players.”

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 shoulder-launched and is designed for ranges of up to 2 kilometers. At the other end of the scale is the NLOS Spike known as Tammuz, which weighs about 71 kilograms, is capable of hitting a target from a distance of up to 32 kilometers, and is launched from land, air or sea platforms. However, the highest demand worldwide is for the Spike LR models (for a range of 4 kilometers) and the Spike LR2, which is capable of reaching 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 October 22, 2025.

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




Source link

Tags: BuyGermanyMissilesRafaelspike
ShareTweetShare
Previous Post

“You’ll Want to Own the Stock Ahead of Time”

Next Post

CyberArk’s valuation up to $27b as Palo Alto stock gains

Related Posts

Young people are ‘growing up fluent in AI’ and it’s helping them stand apart from older peers

Young people are ‘growing up fluent in AI’ and it’s helping them stand apart from older peers

by FeeOnlyNews.com
December 10, 2025
0

Gen Z, and younger generations, are getting a bad rap. The rise of ChatGPT and other AI tools have brought...

Victoria opens first petroleum exploration tenders since 2018

Victoria opens first petroleum exploration tenders since 2018

by FeeOnlyNews.com
December 10, 2025
0

The Australian state of Victoria has launched its first petroleum exploration tenders since 2018 in response to looming gas supply...

Israel’s Navitas to invest .17b in Falklands oil field

Israel’s Navitas to invest $1.17b in Falklands oil field

by FeeOnlyNews.com
December 10, 2025
0

Israeli energy exploration and production partnership Navitas Petroleum (TASE: NVPT) has made a final investment decision (FID) on the...

Adani Green Energy: Quant MF, other funds buy stake in Rs 2,778 crore block deal

Adani Green Energy: Quant MF, other funds buy stake in Rs 2,778 crore block deal

by FeeOnlyNews.com
December 10, 2025
0

Adani Green Energy witnessed a block deal worth Rs 2,778 crore on Wednesday, which was executed at Rs 970 per...

One bitcoin bull cuts forecast by half as “cold breeze” blows

One bitcoin bull cuts forecast by half as “cold breeze” blows

by FeeOnlyNews.com
December 10, 2025
0

Standard Chartered, one of the staunchest bitcoin advocates, has cut its price forecasts for 2025 and 2026 in half, underscoring...

If the Fed cuts interest rates today it may be the last round of cheaper money until June 2026

If the Fed cuts interest rates today it may be the last round of cheaper money until June 2026

by FeeOnlyNews.com
December 10, 2025
0

Enjoy your Fed interest rate cut today—it may be the last one for a while. There is a 90% certainty...

Next Post
CyberArk’s valuation up to b as Palo Alto stock gains

CyberArk’s valuation up to $27b as Palo Alto stock gains

Barclays Q3 earnings

Barclays Q3 earnings

  • Trending
  • Comments
  • Latest
Newsom, DeSantis join forces to blast ‘idiotic’ push to allow oil drilling off coasts of California, Florida

Newsom, DeSantis join forces to blast ‘idiotic’ push to allow oil drilling off coasts of California, Florida

November 23, 2025
Israeli housing rental platform Venn raises m

Israeli housing rental platform Venn raises $52m

November 18, 2025
What is a credit card spending limit — and what to know

What is a credit card spending limit — and what to know

August 4, 2025
5 Senior Discounts Being Eliminated by National Retailers

5 Senior Discounts Being Eliminated by National Retailers

December 7, 2025
AT&T promised the government it won’t pursue DEI

AT&T promised the government it won’t pursue DEI

December 4, 2025
Trump Insider Deals Nosediving Alongside His Polling Numbers

Trump Insider Deals Nosediving Alongside His Polling Numbers

December 3, 2025
Creative Paths to Homeownership for First-Time Buyers

Creative Paths to Homeownership for First-Time Buyers

0
Exxon Mobil: Dividenden-Aristokrat vor dem Ausbruch?

Exxon Mobil: Dividenden-Aristokrat vor dem Ausbruch?

0
Adani Green Energy: Quant MF, other funds buy stake in Rs 2,778 crore block deal

Adani Green Energy: Quant MF, other funds buy stake in Rs 2,778 crore block deal

0
Why Keeping Your Job Makes You Richer (Quicker) in Real Estate

Why Keeping Your Job Makes You Richer (Quicker) in Real Estate

0
Germany Is Officially A Surveillance State – Civil Liberties Destroyed

Germany Is Officially A Surveillance State – Civil Liberties Destroyed

0
Strategy Challenges MSCI Digital Asset Exclusion Threatening Bitcoin Treasury Firms

Strategy Challenges MSCI Digital Asset Exclusion Threatening Bitcoin Treasury Firms

0
Creative Paths to Homeownership for First-Time Buyers

Creative Paths to Homeownership for First-Time Buyers

December 10, 2025
Young people are ‘growing up fluent in AI’ and it’s helping them stand apart from older peers

Young people are ‘growing up fluent in AI’ and it’s helping them stand apart from older peers

December 10, 2025
Strategy Challenges MSCI Digital Asset Exclusion Threatening Bitcoin Treasury Firms

Strategy Challenges MSCI Digital Asset Exclusion Threatening Bitcoin Treasury Firms

December 10, 2025
Exxon Mobil: Dividenden-Aristokrat vor dem Ausbruch?

Exxon Mobil: Dividenden-Aristokrat vor dem Ausbruch?

December 10, 2025
MITRE ATT&CK Evaluations Return: More Coverage, More Nuance

MITRE ATT&CK Evaluations Return: More Coverage, More Nuance

December 10, 2025
Get Your Free Booklet by Ryan McMaken!

Get Your Free Booklet by Ryan McMaken!

December 10, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Creative Paths to Homeownership for First-Time Buyers
  • Young people are ‘growing up fluent in AI’ and it’s helping them stand apart from older peers
  • Strategy Challenges MSCI Digital Asset Exclusion Threatening Bitcoin Treasury Firms
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

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
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.