Spain’s Ministry of Protection right this moment suspended a $310 million cope with Israel’s Rafael Superior Protection Programs for the availability of Spike LR 2 anti-tank missiles for the Spanish Military and Navy. The choice was reported by the Spanish media as a part of Spain’s efforts to “reduce to zero” its dependence on Israeli expertise as a result of struggle in Gaza.
The deal for the Spike missiles was signed in October 2023 by Rafael’s Spanish subsidiary PAP Tecnos. The deal included 168 launchers and 1,680 missiles.
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US protection giants Raytheon and Lockheed Martin could possibly be the beneficiaries of the cancellation with Spain contemplating procuring their Javelin missile.
It is a additional escalation in Spanish coverage in opposition to Israel’s protection industries, after Madrid initially tried to justify the Spike LR 2 deal as a result of it had already been closed a very long time in the past. In April, Spain canceled a deal to obtain ammunition value $7.53 million from Elbit Programs unit IMI, following political stress inside Spanish prime minister Pedro Sanchez’s authorities.
Printed by Globes, Israel enterprise information – en.globes.co.il – on June 3, 2025.
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