The Israeli government last week announced its decision to sell Israel Military Industries' (IMI) Givon rocket systems division and Maltam advanced systems division to Rafael, starting a process to restructure and privatise the state-owned company. Givon manufactures boosters for Israel's Shavit satellite launcher and long-range artillery rockets, while Maltam produces systems including the Improved Tactical Air-Launched Decoy.

Source: Flight International

Topics