Israel Aerospace Industries has announced a dividend payment of $242 million to the state from its 2024 profits, following a previous distribution of NIS 1.6 billion from earlier years. The company's recent surge in activity is attributed to global geopolitical tensions and increased security demands, resulting in record revenues and a significant order backlog. In 2024, revenue rose by 15 percent to $6.1 billion, net profit jumped 55 percent to $493 million, and the order backlog reached $25 billion. Other state-owned defense companies, including Rafael Advanced Defense Systems and Tomer, are also increasing dividend payments, reflecting strong performance across the sector. The Government Companies Authority views these results as paving the way for potential privatization of Israel Aerospace Industries, with a partial share offering estimated to raise NIS 30 billion for the state.