Sunday, November 30, 2025

Israel to deploy Iron Beam within weeks as laser interceptor clears key trials

Israel to deploy Iron Beam within weeks as laser interceptor clears key trials

Rafael reports record quarterly results, a soaring $22 billion backlog, and rapid global expansion as demand surges for its defense technologies.Rafael is calling the third quarter of 2025 the strongest in its history, reporting a 14.5% rise in sales to NIS 5.19 billion (approximately $1.59 billion) compared to the same period last year. The company’s order backlog jumped from roughly NIS 60 billion (about $18.35 billion) a year earlier to a record-breaking NIS 72 billion (about $22.02 billion) by the end of September.

Profitability rose sharply as well. Net profit climbed 64% year-over-year to NIS 311 million (about $95.11 million) in the quarter. Over the first nine months of 2025, Rafael registered NIS 922 million (about $282.27 million) in net profit, 67% higher than in the same period of 2024. Rafael credited the growth to increasing global demand and substantial procurement from the IDF and the Ministry of Defense.

No comments: