Iron Dome's Fatal Flaw: It Could Bankrupt Israel

Billions are being spent on missile defense systems. But come the crunch, the cost is likely to soar to stratospheric levels that Israel cannot afford - yet officials seem unconcerned.

Ido Efrati
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Ido Efrati

Thursday, April 7, 2011 will be etched forever in the memories of engineers at Rafael Advanced Defense Systems. That evening Iron Dome successfully withstood its first challenge by intercepting eight of nine Grad rockets fired at Ashkelon from the Gaza Strip. For a moment anxiety gave way to national pride.

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