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Nakash family to sell controlling stake in Arkia after 20 years for reported NIS 40–50 million

The Nakash family is selling its controlling stake in Israeli airline Arkia after two decades, with the transaction reportedly valued at NIS 40 million to NIS 50 million. A separate report says Arkia is seeking renewal of its U.S. foreign air carrier permit, a key regulatory matter for its U.S. operations.

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Rafael unveils Super Ice, a multi-domain cruise missile with a 453kg warhead

Rafael Advanced Defense Systems has introduced Super Ice, a long-range, precision-guided cruise missile designed for high-value strategic targets, including advanced air-defense systems. Its 453kg warhead is about four times heavier than Ice Breaker’s, and the weapon can be launched from aircraft, ships or land platforms.

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Our news feed offers an in-depth look at Israel's dynamic role in the aviation, defense, and space sectors. From cutting-edge military technology to advancements in commercial aerospace and satellite endeavors, our coverage highlights Israel's innovative contributions and strategic partnerships that influence global security and exploration efforts.