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Iron Dome and Iron Beam maker Rafael moves closer to a possible IPO
Government opens preliminary talks as Israel reassesses ownership of strategic defense assets.
Yuval Azulay14:36, 21.12.25
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The Government Companies Authority is expected to hold discussions in the coming days with Rafael Chairman Yuval Steinitz and CEO Yoav Turgeman regarding the company’s preparations for a possible initial public offering, Calcalist has learned.
Rafael is fully owned by the state and develops and manufactures the Iron Dome, David’s Sling, and Iron Beam air defense systems. Iron Beam, which is based on a high-power laser, is expected to be delivered to the IDF in the coming days.