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Rafael makes bid for Aeronautics

Israeli defence company Rafael has made a bid for unmanned systems developer Aeronautics, it has been revealed.
In a disclosure to the Tel Aviv Stock Exchange (TASE) on 9 August, Aeronautics said it had received an offer valuing the company at ILS430 million (USD116.6 million) from Rafael and …read more

Read more here:: Janes (Air)

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