Israel weighs US listings for IAI and Rafael
Israel is examining a potential move to list Israel Aerospace Industries and Rafael Advanced Defense Systems on US exchanges. The plan under consideration could include the sale of minority stakes of up to 30% in each company.
Officials and senior executives from both companies are expected to travel to the US in July to assess the feasibility of the move, including meetings with investors, underwriters, legal advisers, and regulators. The discussions are expected to focus in part on how disclosure rules would apply to defense companies handling classified programs.
IAI is reportedly valued at approximately NIS 100 billion, while Rafael is estimated at around NIS 60 billion, following record performance in 2025 and combined order backlogs exceeding USD 50 billion.
Read more in Calcalist.
