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Stock impact report

Israel's Iron Dome [Reuters]

RTX Corporation (RTX) 
Company Research Source: Reuters
Israel has been honing its air defences since enduring Iraqi Scud missile salvoes in the 1991 Gulf War, said Dr. Yehoshua Kalisky, a senior researcher at the Institute for National Security Studies in Tel Aviv. That work resulted in a multi-layered air defence network linked by central control nodes, he said. The outer layers are the Arrow-2 and Arrow-3 systems, designed to intercept ballistic missiles fired from thousands of kilometres away. The Arrow-2 is optimised for destroying missiles in the atmosphere, while the Arrow-3 can hit them while they are coasting in space. Both are meant to minimise the chance that warheads or payloads from the destroyed targets cause harm on the ground. David's Sling provides the middle layer of protection, Kalisky said, and is meant to engage shorter-range ballistic missiles launched 100km to 200km (62 to 124 miles) away. Developed and manufactured jointly by Israel's state-owned Rafael Advanced Defense Systems and the U.S. Raytheon Co, David's Show less Read more
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