Is there a Tournament Competition and a Belt system for Krav Maga like Karate?

Krav Maga does have a color belt system of advancement in expertise. However, there are no specific competition events for Krav Maga like there is for other martial arts. Similarly, there are no katas in Krav Maga. Each belt level carries with it various techniques that are performed in a testing environment. One may or may not desire to even test for a belt. There are no such obligations in Krav Maga.