CONTROP Precision Technologies

Company Overview

Snapshot

Founded in June 1988 by Shlomo Nir, CONTROP Precision Technologies operates with 201–500 employees. The company was acquired by Rafael Advanced Defense Systems in January 2012.

Business overview

CONTROP Precision Technologies specializes in the development and production of electro-optical/infrared (EO/IR) systems for intelligence, surveillance, reconnaissance, and targeting missions. Their product lines include cameras for small UAVs, long-range surveillance, automatic target acquisition solutions, and night vision cameras. These systems are designed for air, land, and maritime applications, serving markets such as Homeland Security and Defense, and are known for their high performance and low Size, Weight, and Power (SWaP) ratio.

Strategic signal

In June 2023, CONTROP Precision Technologies formed a joint venture with India's Paras. This strategic partnership signals the company's intent to expand its global footprint and leverage collaborative development in key defense and security markets, indicating a focus on international market penetration and localized solutions.

Company Intelligence Q&A

When was CONTROP Precision Technologies acquired?

CONTROP Precision Technologies was acquired by Rafael Advanced Defense Systems in January 2012.

What strategic partnership did CONTROP Precision Technologies form in 2023?

In June 2023, CONTROP Precision Technologies created a joint venture with India's Paras.

Did CONTROP Precision Technologies secure any major contracts in Asia?

In July 2018, CONTROP Precision Technologies won a $31 million contract for a defense customer in Asia.

What leadership change occurred at CONTROP Precision Technologies in 2018?

In June 2018, CONTROP Precision Technologies appointed Mr. Hagay Azani as CEO.