Tel Aviv [ Israel ], October 22 (ANI/TPS): Israel i defence contractor Rafael Advanced Defence Systems has secured a EUR2 billion ($2.3 billion) contract to supply the German army with Spike anti-tank missiles, marking one of the largest European defence deals for Israel 's military industries in recent years.
The sale will be carried out through EuroSpike, a joint venture in which Rafael holds a 20 per cent stake alongside German firms Rheinmetall and Diehl Defence , each owning 40 per cent. EuroSpike manages the marketing and production of Spike missiles in Europe, with manufacturing planned at its German facility.
The Spike family, Rafael 's flagship missile system, is known for its operational flexibility and compatibility with multiple launch platforms. Rafael has