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Profiting From Missile Defense

As we noted earlier this week, the age of missile defense is upon us. Israel’s Iron Dome system has acquitted itself admirably in the Gaza War, with potential buyers already lining up to purchase the system for themselves. BusinessWeek provides a good backgrounder on some of the companies and technology responsible for the success:

The Iron Dome program, partially funded by the U.S. Department of Defense, is headed by Rafael Advanced Defense Systems, an Israeli government-owned company that is the general contractor and makes the Tamir interceptor missiles. The radar is from Elta Systems, a subsidiary of Israel Aerospace Industries. MPrest, the third partner, makes the command-and-control system and is half-owned by Rafael, while Barak owns a quarter of the company.

Smart investors may want to have a look… College students might also want to give this some thought. Some of the jobs of the future are going to be in missile defense.


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