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Rafael Advanced Defense Systems Ltd.

Rafael Advanced Defense Systems Ltd.
Government-owned corporation
Industry Defense, Aerospace
Predecessor Science Corps
Founded 1948; 69 years ago (1948)
Headquarters Haifa, Israel
Products Military aerospace
Missiles
Ordnance
Defense electronics
Naval Systems
Revenue Increase$1.851 billion USD (2010)
Increase$170 million USD (2010)
Number of employees
7,000
Divisions Missiles and NCW Division
Ordnance and Protection Division
Manor - Advanced Defense Technologies Division
Subsidiaries RDC (RAFAEL Development Corporation)
Website rafael.co.il

Rafael Advanced Defense Systems Ltd. (Hebrew: רפאל - מערכות לחימה מתקדמות בע"מ, formerly: RAFAEL Armament Development Authority), known as RAFAEL or Rafael, (also spelled as Raphael or Rephael; Hebrew acronym of "Authority for the Development of Armaments" - רשות לפיתוח אמצעי לחימה) is an Israeli defense technology company. It was founded as Israel’s National R&D Defense Laboratory for the development of weapons and military technology within the Ministry of Defense; in 2002 it was incorporated as a limited company.

Rafael develops and produces weapons, military, and defense technologies for the Israel Defense Forces and for export abroad. All current projects are classified.

Rafael was established in 1948 as the Science Corps (Hebrew: חיל המדע‎‎, known by the acronym HEMED, Hebrew: חמד‎‎) under the leadership of Shlomo Gur. It was renamed the Research and Design Directorate (Hebrew: אגף הפיתוח והתיכנון‎‎) in 1952. In 1952 David Ben-Gurion decided to split into two agencies the activities of HEMED. The pure scientific research was left with HEMED, while the development of weapons was placed in the new EMET agency.

In 1954 Ben-Gurion decided to change the name of EMET to RAFAEL. It was reorganized as Rafael in 1958.

In 1995, Yitzhak Rabin asked Amos Horev to become chairman of the board of Rafael, following many years in which Horev had served as chairman of Rafael's advisory committee. Horev served as chairman until January 2001.

During the early 1990s Rafael was operating at a loss (peaking in 1995, with a loss of $120 million on a turnover of $460 million). Therefore, it was decided to restructure the organization and start operating Rafael as a company. Initially the new company had three discrete divisions, each operating as a profit centre, with a separate balance sheet presented to the newly formed management board.


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