Rafael Signs $28m Navy Deal

Wednesday, May 17, 2006
The Israeli Armament Development Authority Rafael signed a contract with the United States Navy to supply then with 67 Typhoon-type naval weapon stations. The deal, a joint enterprise between Rafael and the American company EBA, is set to yield Rafael $28m. The Typhoon-type naval weapon station is designated for medium diameter canons installed on navy ships. The system is also designed to handle terror threats from sea. (Source: Ynetnews)
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