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Raytheon, Israel’s Rafael To Open U.S. Iron Dome Production Facility

Raytheon, Israel’s Rafael To Open U.S. Iron Dome Production Facility
Israel's Iron Dome missile defense system by Rafael Advanced Defense Systems and Israel Aerospace Industries.

Raytheon [RTN] and Israel’s Rafael have signed a new joint venture to produce the Iron Dome missile defense system in the U.S., the two companies said Monday. A decision on the location for the new facility is expected before the end of the year, according to company officials. “This will be the first Iron Dome all-up-round facility outside of Israel, and it will help the U.S. Department of Defense and allies across the globe obtain the system for defense of…

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