Rafael Superior Protection Programs Ltd. has accomplished the acquisition of Pearson Engineering Ltd. (PER). The acquisition was executed below a inventory buy settlement (SPA), transferring 100% of the possession. The acquisition consists of PER’s subsidiary firm Responsive Engineering Ltd. RAFAEL is a world-renowned, Israeli-based protection firm, specializing in cutting-edge, progressive defence techniques, such because the well-known TROPHY lively safety system, car armour options, counter IED applied sciences and lots of different techniques. The corporate is Israel’s third largest defence firm, with 8,000+ staff and over 30 subsidiaries worldwide, serving the defence, safety and aerospace markets. RAFAEL is a very international group, with a robust presence in lots of main defence markets; this consists of the US, India, South Korea most European NATO member nations, together with the UK, in addition to all through Asia, Scandinavia, and South America.
“Pearson Engineering is immensely happy with its life-saving fight engineering techniques, that are utilized by land forces worldwide. This acquisition is not going to solely enable us to boost our current product portfolio however will allow the event of progressive, class-leading merchandise and capabilities. RAFAEL’s ambition for Pearson and Responsive brings precious development and stability, for our staff, our trusted provide companions within the area and the broader neighborhood within the North East,” Craig Priday, Pearson Engineering Managing Director mentioned.
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“Each RAFAEL and Pearson have an excellent legacy in drive safety capabilities. RAFAEL’s reactive armour, fitted to most UK armoured autos in Iraq, saved the lives of many British troopers. The UK MOD Challenger 3 program is one other level of synergy. Pearson and Responsive are manufacturing the tank’s turret constructions and, supported by RAFAEL, Pearson will be capable of regionally manufacture and combine the TROPHY lively safety system, offering the best stage of safety to the crew.”, says Dr. Ran Gozali, EVP, GM Land and Naval Division for RAFAEL.
“This acquisition is a part of RAFAEL’s continued strategic investments, with the aim of transferring cutting-edge, state-of-the-art applied sciences, merchandise and techniques into the UK, in assist of UK nationwide safety and prosperity. Till just lately, most of RAFAEL’s operations within the UK had been in partnership with UK prime contractors, with the vast majority of workshare manufactured in Israel. Pearson and Responsive Engineering’s exercise is supported by an excellent legacy of excellence in innovation. By buying this firm, we will improve and increase Pearson Engineering’s manufacturing capabilities within the UK, thus strengthening our UK provide chain to raised assist our prospects, particularly the UK MOD and British armed forces. This may result in a major improve within the variety of jobs in Newcastle and can construct sturdy hyperlinks with educational establishments all through the UK and particularly in North East England,”M.G (ret.) Yoav Har Even, RAFAEL’S President and CEO mentioned.
For greater than three many years, Pearson Engineering has supplied Armed Forces with the mobility and counter-mobility gear they want to reach their missions all over the world. Pearson Engineering has a world-proven potential to ship towards probably the most advanced defence challenges. Constructing on the corporate unrivalled heritage, experience, and analysis functionality, Pearson Engineering design and manufacture merchandise and built-in options that push boundaries and enhance mobility and safety. Merchandise are supplied as car attachments that are optimised for particular fight engineering roles and will be configured to assist probably the most difficult operational calls for. Particular duties embrace breaching mine fields, defending towards improvised explosive units, earth shifting and hole crossing. Greater than 75 folks work at Pearson Engineering and the corporate are ready to attract upon the experience of co-located sister firms at Armstrong Works.
