A subsidiary of Rafael Advanced Defense Systems has secured a contract worth over $400 million to supply mines to Sweden, according to a report. The deal marks a significant expansion of Israeli defense exports to Scandinavia.
A subsidiary of Rafael Advanced Defense Systems has won a contract worth more than $400 million to supply mines to Sweden, according to a report published Thursday. The deal, which involves the sale of mines to the Swedish military, reflects the growing global demand for Israeli defense technology. The report did not specify the type of mines or the timeline for delivery. This follows recent Israeli defense export agreements, including Romania's €2 billion SPYDER air defense deal and discussions about listing Israeli defense firms on U.S. stock exchanges. The Rafael subsidiary's identity and the exact terms of the contract remain unconfirmed.
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