Jerusalem to purchase advanced training helicopters, Rome to purchase spike missiles and simulators.
The companies intend to use each one of their fields of expertise and technologies to develop medical initiatives to combat coronavirus.
Weighing only 3kg, the munition was developed for urban combat.
Rafael has designed numerous defense systems in the past which have proven critical for Israel's defense.
Designed as a fully disposable munition launched from an operator's shoulder, the missile carries a powerful High Explosive Anti-Tank (HEAT) warhead.
10 years after the first interception test of the system, Defense Ministry boasts of over 2,400 successful interceptions
The NIS 850 million ($240m.) deal, expected to be finalized in the coming days, will see Rafael and Stolero hold equal shares of 50% in Yavne-based Aeronautics.
In keeping with its commitment to Make-in-India, KRAS is a Joint Venture between RAFAEL Advanced Defense Systems Ltd. and Kalyani Strategic Systems.
Firing took place in Slovenia at the 16th annual SPIKE Missile Users Club conference (SUCM).
SMASH 2000 prevents the bullet from being fired until the target is precisely in its cross hairs.