Israel News JNS - Jewish News Syndicate JAN 23, 2026
Israel blocks US firm takeover of Iron Dome software developer
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The proposed deal would have left Rafael a minority shareholder, but security officials are wary of foreign control.
The Israeli Defense Ministry has halted a proposed takeover of Petach Tikvah-based mPrest Systems, the developer of the critical command-and-control software for the Iron Dome air defense system, by a United States-based holding company.
“Israeli defense exports and security collaborations with a series of countries are on an upward trend, as part of the Ministry of Defense’s strategy and an enabling export policy,” the ministry told JNS in recent days.
“However, there is not and will not be any compromise on security needs,” it added, appearing to confirm the blockage.
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