image sourced from original article at Israel is advancing plans to offer minority public share sales in two of its largest defense companies, Israel Aerospace Industries and Rafael, as global demand for weapons continues to rise. The initiative is being led by the Government Companies Authority in coordination with the ministries of Defense, Finance, and Justice.
Discussions have already taken place regarding Israel Aerospace Industries, with potential company valuations estimated between 80 billion and 100 billion shekels, or roughly 25 billion to 32 billion dollars. The authority has also asked Rafael's leadership to prepare for talks about a possible public share offering.
If approved, the move would mark a significant step in partially privatizing key state-owned defense firms while allowing the government to retain majority control. The share sales could strengthen the companies' financial flexibility amid growing international demand for military equipment.
