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.
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