From left to right: Rafael CEO Yoav Tourgeman, Lower Saxony state premier Olaf Lies and Tomer Jacob, Aurelius Capital's managing director.
Credit: Volkswagen
German automobile giant Volkswagen has agreed to sell one of its factories to private equity firm Aurelius, which would turn it into a defense production site for Rafael and potentially other companies. Rafael, identified as the anchor customer, is expected to produce Iron Dome interceptors at the...
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