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R2S receives $1.25 billion Tamir production contract for facility in Camden, Arkansas
Prnewswireยท 2025-11-21 13:17
Group 1 - The Raytheon-Rafael Protection Systems (R2S) joint venture has secured a $1.25 billion contract to supply Israel with Tamir surface-to-air missiles, marking a significant milestone for both companies [1][3] - A new facility in East Camden, Arkansas, was established with a $33 million investment to support the production of Iron Dome interceptors, specifically the Tamir missiles for both the Iron Dome and its U.S. variant, SkyHunter [2][3] - The Iron Dome system, operational since 2011, has demonstrated a success rate exceeding 95% in intercepting threats, showcasing its effectiveness in combat [3] Group 2 - Raytheon, as part of RTX, is a leading provider of defense solutions, focusing on integrated air and missile defense, smart weapons, and advanced sensors [5][6] - Rafael Advanced Defense Systems Ltd. is one of Israel's largest defense companies, providing a wide range of high-tech defense systems for various applications [4] - RTX, the world's largest aerospace and defense company, reported sales exceeding $80 billion for 2024 and employs over 185,000 people globally [6]