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Spain cancels €207m arms deal with Rafael

by Dean Shmuel Elmas
September 27, 2025
in Business
Reading Time: 1 min read
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Spain has introduced that it has canceled a take care of Israeli firm Rafael Superior Protection Techniques to acquire Litening 5 focusing on and navigation pods for 46 Eurofighter Hurricane fighter jets. The deal signed in March 2024 was price €207 million. Up to now, Rafael has supplied 2,000 such pods to twenty-eight armies worldwide, and solely final month Germany’s Bundestag accredited the procurement of Litening 5 pods for the Eurofighter Hurricane.




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That is the third arms deal that the Spanish authorities of Prime Minister Pedro Sanchez has canceled in protest on the persevering with conflict in Gaza. Ten days in the past, Spain canceled the procurement of the PULS artillery system in a deal price €700 million with Elbit Techniques (TASE: ELST; Nasdaq: ELST), of which Elbit would have obtained €150 million. Elbit Techniques CEO Bezhalel Machlis, nevertheless, insists that his firm has obtained no kind notification of the deal.

In June, Spain’s Ministry of Protection suspended a €285 million deal to acquire Spike missiles from Rafael.

Printed by Globes, Israel enterprise information – en.globes.co.il – on September 26, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.




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