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Yoav Turgeman

Yoav Turgeman

CEO of Rafael Advanced Defense Systems

Appears in 1 story

Notable Quotes

Rafael's cooperation with India is strategic, implementing Prime Minister Modi's 'Make in India' strategy through technology transfer and indigenous manufacturing.

Stories

India locks in $8.7 billion Israeli arms deal

New Capabilities

Leading Rafael during record export growth and India expansion

India's Defence Acquisition Council approved an $8.7 billion arms package from Israel in January 2026, headlined by 1,000 SPICE-1000 precision bomb kits (125-kilometer range, GPS-jammed capable), air-to-air missiles, loitering munitions, radars, and networked command systems. India is also acquiring Air LORA missiles (400 kilometers), Ice Breaker missiles (300 kilometers), and Rampage missiles with full technology transfer for domestic production. The purchase makes India Israel's largest defense customer, now accounting for 34% of Israeli arms exports from 2020-2024.

Updated May 19