Long RTN

Thinking about this one

http://www.bloomberg.com/news/2012-11-17/israel-s-iron-dome-defense-system-battles-hamas-rockets.html?cmpid=yhoo

Iron Dome is very effective - interception rate is 90%.

Big Contracts for this system might be in works already, and it doesnt seem like stock reflects that.

Thoughts?

Is the article correct? Iron Dome is funded by US (5th para) but made by an Israeli company (6th para). Doesn’t it make more sense for the US govt to fund a US defense manufacturer to make the product, and then give it to Israel?

Israel actually developed the technology.