Besides Iron Beam and Iron Dome, Israel is also developing the next phase of its Arrow system which can intercept missiles in space and the upcoming David's Sling, which shoots down short and mid-range ballistic missiles.
But some feel Israel, which gets significant funding from key ally the U.S. for missile defense capabilities, is going overboard.
Fanar Haddad, a research fellow from the Middle East Institute in Singapore, said Israeli military superiority in the region was so firmly established that Iron Beam was unlikely to change anything in the short or medium term.