Defense Mistry signs landmark deal worth approximately NIS 2 billion (over $500 million) to expand serial production of Israel's first domestically developed laser interception system, the Iron Beam, with lead developers Rafael Advanced Defense Systems and Elbit Systems.
New Iron Beam laser defense system will allow Israel to defend itself against rocket attacks - cheaply, says Prime Minister Bennett.
Israel's key missile defense system is unique in the arena of global defense - but politics and cost are preventing investors from buying.
Dubbed the 'Iron Beam,' laser defense system against short-range missiles draws comparison to 'Star Wars' weaponry.
New "Iron Beam" system, developed by Rafael, would use a laser to blow up short-range rockets and mortars.
