INDIAN ARMED FORCES CHIEFS ON OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS

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— General Upendra Dwivedi, Indian Army Chief

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Rafael restructuring, establishes two new divisions

Issue No. 15 | August 01-15, 2013

Rafael Advanced Defense Systems Ltd., designer, developer, and manufacturer of leading naval, air and land systems, is announcing a series of organisational changes and re-structuring.

These changes include the establishment of a Land & Naval Division. This division will also be responsible for the Systems Integrated Security (SIS) solutions for Critical Asset and Infrastructure on land and at sea. Rafael’s substantial investment in R&D is being bolstered with the establishment of an R&D and Engineering Division. The new division will amalgamate Rafael’s entire R&D activity.

Rafael has established a new sector, called Air & C4ISR Systems sector. This new sector will include air-to-ground systems (SPICE), electro-optical systems (litening, reccelite, etc.), communications and intelligence.

Rafael’s Air Defense Directorate has been transformed into Air Superiority Systems Sector, and will be responsible for air & missiles defence systems along with the air-to-air product line.

Rafael’s President and CEO, Vice Admiral (Retd) Yedidia Yaari, noted: “These changes were made in keeping with our vision to serve as a significant pillar in Israel’s security, in addition to serving as its national laboratory, while maintaining our robust financial performance, with sales of over $1.7 billion in 2012, and an order backlog covering more than two years.”

Further to these organisational changes, Rafael announces the following appointments: David Stemer, Deputy CEO & COO (in addition to his current role as the General Manager of Rafael’s Missile and NCW Division); Giora Katz, Executive VP and Head of the Land & Naval Division; Dr Tuvia Ronen, Executive VP and Head of the R&D and Engineering Division; Yossi Druker, VP and Head of the Air Superiority Systems Sector; and Yuval Miller, VP and Head of the Air and C4ISR Systems Sector.