In 2019, Rafael posted record sales of $2.7 billion, up 3.9 percent from 2018. Our international sales market share is about 60 percent of total sales. On top of that, we have an order backlog of over $7 billion, which covers approximately 2.5 years of sales. Our systems are in service in all 5 continents, ranging from naval to land to air, space and cyber solutions. We are involved in major programmes throughout the world and are competing in major tenders, spanning digitisation of land forces, aircraft upgrades, communication across all forces, air defence, precision munitions, anti-drone systems and many more.
Our approach has always been to stay a few steps ahead of the game. Just as we work to constantly develop technologies and systems to give our partners and users the advantage and edge they needs to win the battle, the enemy is also never staying put, continuously looking for new means to challenge us defensively and offensively. This is true for our immediate environment in the Middle East, and it is no less true in other regions around the world. This is why Rafael invests over 8 percent of its revenues each year in R&D, and it's why we have onboard the world's best scientists and engineers, as we insist on excellence, out-of-the-box thinking and imagination. Systems such as the Iron Dome, David's Sling, Spice, Trophy, Spike, and many others, are proof of success of this forward-thinking approach which has yielded some of the world's most ground-breaking systems. Rafael's systems and solutions are applicable and can be integrated to a variety of platforms, land, air and sea, with full commonality.
Rafael prides itself in being able to create partnerships with international leading aerospace and defence companies overseas. Over 100 offset activities and industrial cooperation have been set up with over 20 countries worldwide.
This story is from the September 2020 edition of Geopolitics.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the September 2020 edition of Geopolitics.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
ENHANCING CRUISE MISSILE CAPABILITY
India’s cruise missile capability has largely evolved as a credible conventional level deterrence since the turn of the new millennium. But much more needs to be done, writes AMARTYA SINHA
BOOSTING DEFENCE EXPORTS
Earlier, India was known to be an arms importer. But today, the country has come out of its comfort zone and found a place in the list of top-25 arms exporter nations argues AMARTYA SINHA
ENHANCING INDIA'S AIRBORNE SURVEILLANCE CAPABILITIES
Project NETRA represents a proactive initiative by ISRO to safeguard India's interests in space by mitigating the risks posed by space debris and other hazards, says GIRISH LINGANNA
THE HIMALAYAN TRIANGLE: WHY INDIA KEEPS BHUTAN SAFE FROM CHINA
India, given its special relationship with Bhutan, has been very wary about the possibility of the establishment of diplomatic relations and the signing of a boundary agreement between Bhutan and China, writes SIMRAN SODHI
TROOST, DESAI AND SANCTIONS
The Western sanctions against companies and individuals doing business with Russia have produced a complex set of reactions with lobbyists and shell companies working overtime to beat the rap. A GEOPOLITICS Bureau report
INDIA EXPANDS ITS SPR
India is the world’s third-biggest oil importer and consumer. As the country’s economy continues to grow, ensuring a stable and secure supply of petroleum products has become a top priority. India plans to build its first privately managed strategic petroleum reserve (SPR) by 2029-30, granting the operator the freedom to trade all of the stored oil according to Indian Strategic Petroleum Reserves Ltd (ISPRL)
LCA TEJAS MARK-IA MAKES MAIDEN FLIGHT
The first aircraft LA5033 of the Tejas Mark-1A series successfully soared in the sky after taking off from the Hindustan Aeronautics Limited (HAL) facility in Bengaluru on March 28, the public sector aerospace and defence company said.
Future Of Space Militarization
GIRISH LINGANNA explains how the peaceful 'Space Race' has now been turned into Man's 'War-Fighting Domain'
HOME MINISTRY TOM TOM'S DRUG SEIZURE RECORD
The Union Home Ministry highlighted the Modi government’s efforts in combating the drug menace.
DRDO SUCCESSFULLY FLIGHT TESTS VSHORADS
DRDO conducted two successful flight tests of the Very Short-Range Air Defence System (VSHORADS) missile on Feb 28th and 29th from a ground-based portable launcher off the coast of Odisha from Integrated Test Range, Chandipur.
