IAI said its plan will see the ELM-2222S Navguard advanced radar system integrated with the German company's Multi Ammunition Softkill System, or MASS.
In testing of the integration, the resultant system performed successfully against incoming sea-launched and land-launched missiles.
"Navguard is an advanced digital phased-array radar system built as a solution for missile approach warning, and especially designed to confront the ever-increasing asymmetric warfare challenges," said Nissim Hadas, vice president of IAI and president of Elta Systems, the subsidiary that manufactures Navguard.
"We are proud to collaborate with Rheinmetall, who are world leaders in naval soft-kill protection systems, and together tailor an affordable and effective protection system for maritime vessels."
Navguard features a digital phased-array radar-based warning system that automatically detects, classifies and verifies incoming threats. It also triggers a ship's self-defense systems.
MASS is a defense system that launches smoke dispensers, chaff, flares and decoys against incoming missiles.
Notable deaths of 2014 [PHOTOS]