Plasan

What Plasan does

Plasan Sasa Ltd. is a privately held Israeli defense contractor founded in 1983 at Kibbutz Sasa, specializing in survivability solutions and armored protection for military and security forces worldwide. The company designs and manufactures composite armor systems, modular armor kits, add-on protection modules (including Kinetic Add-On Armor, Spall Liners, Hybrid Slat Fence, Flex Fence, TAPS top-attack protection, ATHENA non-explosive reactive armor, and LAPS active leg protection), complete armored vehicles (SandCat Tigris, MkV, DC, StormRider, Hyrax, and the IBEX with ACTATEC), naval armor (Type 26, Hunter-class), airborne armor, and the ATeMM all-terrain electric mission module. Core technology is built around 47,000+ in-house ballistic tests, an A2LA-certified laboratory, and STANAG 4569-compliant solutions spanning land, sea, and air platforms.

The business model is B2B/B2G defense contracting: Plasan operates as a Tier-2 armor and survivability supplier to prime OEMs (BAE Systems, AM General, Hanwha Defense, GDELS, Oshkosh, Tess Defense) while also selling branded vehicles and aftermarket ILS directly to defense ministries (IDF, UK Royal Navy, Australian Army, Spanish Army, US Army). Revenue is generated through multi-year negotiated defense procurement contracts, OEM platform supply agreements, hardware sales of SandCat-family vehicles, and recurring Integrated Logistic Support services. Pricing is quote-based and not publicly disclosed; go-to-market relies on direct enterprise engagement, OEM design-partner relationships, and presence at major defense exhibitions (Eurosatory, AUSA, DSEI, LAAD, MSPO).

Plasan serves military forces, law enforcement and special forces, defense OEMs and integrators, and VIP/civilian protection markets across Israel, North America, Europe (UK, France, Spain, Poland, Greece), Asia-Pacific (Australia, India), and South America (Brazil, Colombia, Peru). The company operates through subsidiaries including Plasan North America, Amefo (France), Plasan Re'em (civilian armored vehicles), Mobius Protection Systems, and the jointly-controlled ELVO (Greece), and is led by CEO Moshe Elazar.

Name

Plasan

Legal name

Plasan Sasa Ltd.

Website

https://plasan.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Plasan is a privately held Israeli defense contractor that designs and manufactures composite armor systems, survivability modules, and armored vehicles (SandCat family) for military forces and Tier-1 defense OEMs including BAE Systems, AM General, and Hanwha Defense across land, naval, and airborne platforms.

Ownership category

akta.pro rank

Product category

Defense Armor and Survivability Solutions

NAICS

Military Armored Vehicle, Tank, and Tank Component Manufacturing (336992), Small Arms, Ordnance, and Ordnance Accessories Manufacturing (332994)

SIC

Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480)

akta.pro primary industry

Armor Systems (Passive/Reactive/Active Protection) & Survivability Kits (IMABAJAJ)

akta.pro secondary industries

Military Tactical Wheeled Vehicles (Light/Medium/Heavy) (IMABAJAK), Military Operations & Force Readiness (BPAIAHAA)

Keywords

• Armor protection systems
• Tactical armored vehicles
• Military survivability solutions
• Composite armor kits
• Naval airborne armor

Headquarters

HQ city

Sasa

HQ country

Israel

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Defense Contracts & OEM Armor Supply: Plasan generates primary revenue through direct contracts with defense ministries and OEM supplier agreements with prime defense integrators (BAE Systems, AM General, Hanwha Defense, etc.) for armored vehicle protection systems, naval armor, and airborne armor solutions. These are typically multi-year, large-scale defense procurement contracts with government entities.
2. Armored Vehicle Sales: Direct sales of manufactured tactical armored vehicles including SandCat Tigris, SandCat MkV, SandCat DC, and specialty mission vehicles to military, law enforcement, and security organizations worldwide.
3. Integrated Logistic Support (ILS): After-sales support services including fleet maintenance, training, technical manuals, spare parts, and Transfer of Technology (ToT) services to empower end-users and partners, ensuring mission readiness throughout vehicle lifecycle.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Plasan designs, manufactures, and integrates advanced armor protection systems and armored vehicles for military, naval, airborne, and security forces worldwide. The company supplies kinetic add-on armor, spall liners, RPG defeat systems, top-attack and reactive armor, energy-attenuating seats, naval armor panels, airborne armor, personal armor, and tactical armored vehicles (SandCat family, StormRider, Hyrax, IBEX) along with the ATeMM modular electric mission module. Customers include defense ministries, armed forces, and tier-1 defense OEMs across more than 16 countries.

Product overview

Plasan is a global defense survivability solutions provider offering a comprehensive portfolio of armor and armored vehicle products. The company operates three main product lines: Survivability Solutions (including Kinetic Add-On Armor, Spall Liners, RPG defeat systems like Hybrid Slat Fence and Flex Fence, TAPS top-attack protection, ATHENA non-explosive reactive armor, and LAPS active leg protection), Armored Vehicles (the SandCat family including Tigris, MkV, and Double Cabin variants; IBEX; StormRider; and Hyrax), and Integrated Systems (ATeMM All-Terrain Electric Mission Module - a modular electric platform providing extra payload and power to leading vehicles with autonomous capability). The product architecture follows a platform-plus-modules approach, with the SandCat armored vehicles serving as chassis for mission-specific configurations, and the ATeMM functioning as an add-on power/payload module for various platforms. Protection solutions span land vehicles (from JLTV to MRAP to main battle tanks), naval platforms (frigates, destroyers), and airborne systems.

Differentiator

Problem solved

Functional benefit

Brands

• SandCat: Family of armored tactical vehicles including SandCat Tigris, SandCat MkV, and SandCat DC (Double Cabin), designed and manufactured by Plasan for military and law enforcement missions.
• ATeMM
• SandCat Tigris
• SandCat MkV
• Re'em

Products and services

• SandCat Tigris Armored tactical vehicle built on commercial chassis with V8 330Hp turbo-diesel engine; accommodates up to 11 fully equipped combatants with 7,000 kg curb weight and 2,300 kg payload capacity. Used by military and law enforcement forces.
• SandCat MkV Latest-generation SandCat designed for Special Forces with 330Hp engine, 10-speed automatic transmission, 335/80 R20 run-flat tires, optional mine protection system, and enhanced armor options.
• SandCat DC (Double Cabin) Double cabin pick-up configuration armored vehicle with up to 3-ton payload capacity and 10,000 kg gross vehicle weight; designed for special mission systems and diverse payload requirements.
• ATeMM (All-Terrain Electric Mission Module) Modular electric platform that connects to leading vehicles transforming 4x4 into synchronized 6x6 with enhanced power, 51kWh energy capacity, 268HP electric motor, and 1.0T additional payload; can operate independently as robotic platform with autonomous-ready capability.
• Naval Armor Lightweight composite armor systems for naval vessels protecting frigates, destroyers, and corvettes against ballistic threats; selected for UK Type 26 Global Combat Ships and Hunter class frigates.
• Airborne Armor Lightweight ballistic protection for fixed and rotary-wing aircraft including cockpit armor, pilot-seat protection, and ballistic panels; trusted by air forces worldwide.
• Personal Armor Body armor products including lightweight ballistic plates and tactical vests tested in A2LA-certified ballistic laboratory; compliant with international protection standards.
• IBEX Armored Vehicle Armored vehicle developed with Brazil's ACTATEC for high-risk policing operations; modular platform emphasizing mobility, protection, and local content production.
• StormRider Armored Vehicle 4x4 light armored vehicle evolved from SandCat family, designed for military patrols and Special Forces with enhanced mobility and mine resistance.
• Hyrax Armored Vehicle Light armored all-terrain vehicle fully developed by Plasan in partnership with Mercedes-Benz on a commercial chassis; showcased at FIDAE 2022.
• Civilian Armored Vehicles (Re'em) Plasan Re'em designs and produces civilian armored vehicles based on commercially available chassis for executive protection, covert operations, and high-threat evacuation of government officials and diplomats.
• Integrated Logistic Support (ILS) After-sales support services including fleet maintenance, training, technical manuals, spare parts, and Transfer of Technology (ToT) services for Plasan vehicle fleets worldwide, ensuring mission readiness throughout the vehicle lifecycle.

Quantifiable outcome

• Multi-layered deflectors absorb up to 85% of blast energy, reducing injury risk
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• ACTATEC (Brazil)minorStrategic or Co-development Partner · 21 April 2026Development partnership with Brazilian company ACTATEC for IBEX armored vehicle unveiled at LAAD 2026. Targets high-risk policing market with focus on mobility, protection, and local production.
• Belrise IndustriescoreStrategic or Co-development Partner · 23 December 2025Three-year strategic agreement for joint pursuit of Indian military market with ATEMM (All-Terrain Electric Mission Module) systems. Includes localization and technology transfer in India under Make in India initiatives. Belrise becomes part of Plasan's global supply chain for cost-effective manufacturing.
• BAE SystemscoreOEM/ Whitelabel/ Licensing Partner · 11 November 2024Contract for armouring of Type 26 Global Combat Ships for UK Royal Navy (Batch 2). Plasan provides composite armor for these advanced multi-mission warships built by BAE Systems.
• AM GeneralcoreOEM/ Whitelabel/ Licensing Partner · 18 July 2023Selected as supplier of armored cab for Joint Light Tactical Vehicle (JLTV) program. Plasan North America provides major components for AM General's next-generation military vehicle.
• GM DefenseminorStrategic or Co-development Partner · 20 April 2023Plasan North America successfully integrated ATeMM with GM Defense vehicle platform, demonstrating compatibility with US Army electric vehicle requirements.
• BAE Systems AustraliacoreOEM/ Whitelabel/ Licensing Partner · 13 March 2023Contract to armour first three Hunter class frigates for Royal Australian Navy. Armor production supports Australia's shipbuilding industrial base under SEA 5000 program.
• Hanwha DefensecoreOEM/ Whitelabel/ Licensing Partner · 15 December 2022Provides armor solutions for Australian Hanwha Huntsman AS9 155mm howitzers as part of LAND 8116 Protected Mobile Fires program. Armor tested on AS10 Huntsman family vehicles.
• Mercedes-BenzminorOEM/ Whitelabel/ Licensing Partner · 7 April 2022Partnership to showcase Hyrax light armored all-terrain vehicle, developed by Plasan on Mercedes-Benz commercial chassis. Demonstrates Plasan's ability to armor commercial platforms.
• Tess Defense (Spain)coreOEM/ Whitelabel/ Licensing Partner · 3 February 2022Armor package supply for Spanish VCR Dragon 8x8 armored vehicles. Contract covers first 348 vehicles with Tess Defense delivering to Spanish Army for its brigade of the future.
• SK GroupminorStrategic or Co-development Partner · 8 July 2021Joint acquisition of Greek defense manufacturer ELVO with SK Group. Plasan and SK Group jointly purchased ELVO to strengthen presence in European defense manufacturing.

Scale indicators9 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Rheinmetall: Major European defense prime producing armored vehicles (Lynx, KF41, Leopard upgrades), armor systems, and survivability solutions. Comparable as a broad incumbent offering overlapping armor and AFV capabilities.
• BAE Systems: Global defense prime and one of Plasan's largest OEM customers (Type 26, Hunter class, JLTV). Comparable as a broad incumbent defense customer/competitor with both buying and competing armor capabilities.
• Elbit Systems: Israeli defense electronics and systems house with active protection (Iron Fist) and vehicle integration capabilities. Comparable as an Israeli broad incumbent operating in survivability and armored vehicle systems.
• KMW (Krauss-Maffei Wegmann): German manufacturer of Leopard tanks, Boxer, and other armored fighting vehicles with significant in-house armor and survivability capabilities. Comparable as a vertically integrated AFV/armor prime in the same vehicle protection category.

Direct peers

• Streit Group: Manufacturer of armored tactical and security vehicles (Cougar, Typhoon, Spartan) supplied to militaries and police forces globally. Comparable as a direct armored vehicle peer in the light/medium tactical segment.
• Rafael Advanced Defense Systems: Israeli defense prime specializing in survivability solutions including Trophy active protection, reactive armor, and vehicle protection systems. Directly comparable as an Israel-based survivability and armor technology provider serving global defense customers.
• Centigon France: France-based armored vehicle manufacturer (part of the Plasan/Centigon lineage historically) producing armored cars for military, police, and security forces. Comparable as a direct armored vehicle peer serving similar B2G customers.
• INKAS Armored Vehicle Manufacturing: Canada-based manufacturer of armored vehicles for military, law enforcement, and VIP protection. Comparable as a direct peer in the tactical armored vehicle category serving similar B2G/security buyers.
• IBD Deisenroth Engineering: US-based armor systems integrator supplying armor kits and survivability solutions to US DoD and allied forces. Comparable as a Tier-2 survivability and add-on armor supplier embedded with vehicle OEMs.
• Jankel Armouring: UK-based vehicle protection and survivability specialist supplying armored vehicles and survivability upgrades to military and security forces. Comparable as a direct peer in light/medium armored vehicle solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/plasan_int
• YouTubeyoutube.com/channel/UCw7ZGfOE0i9ASk4j6T1sWjQ
• Facebookfacebook.com/plasanFB/?locale=he_IL
• LinkedInlinkedin.com/company/plasan-sasa-ltd
• Instagraminstagram.com/plasansasa

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plasan