Finance Ministry prepares to sell stakes in IAI and Rafael while defense officials emphasize need for rapid development cycles and AI integration
The Israeli government is poised to launch the partial privatization of its largest state-owned defense companies, Israel Aerospace Industries and Rafael Advanced Defense Systems, as the Defense Ministry works with more startups than ever to accelerate the development of new military capabilities.
Israel is preparing to sell minority stakes in both companies within the coming months, according to a report by Reuters.
The sale of shares to the public is expected to generate significant capital. The move comes as the Israeli defense establishment increasingly prioritizes agility and the rapid integration of new technologies to face evolving threats.
