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October 6, 2014 10:12 am

US Firm Raytheon Signs $149M Contract to Supply Iron Dome Parts

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The Iron Dome battery in Ashkelon. Photo: Israel Defense Forces.

The Motley Fool – War is not cheap. Defending against it can be downright expensive.

For 50 days in July and August, Hamas and Israel went at it hammer and tongs, with the former firing missiles into Israel and the latter responding with airstrikes and punitive raids on the ground. Defensively, Israel attempted to shoot down Hamas’ missiles with interceptors fired from the Iron Dome air-defense system — and it cost the nation.

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