May 19, 2024 11:58 pm
Rafael reports record-breaking sales in Defense sector

In 2023, the Israeli defense technology company Rafael reported record-breaking sales of 14 billion shekels, a 21% increase from the previous year. The significant portion of their order portfolio, totaling 52 billion shekels, came from foreign customers, with 57% originating from international sources and 43% from the Israeli Ministry of Defense. Rafael also saw a net profit of NIS 588 million in 2023, marking a 17% increase from the year before.

Rafael’s largest deal of the year was the sale of the David’s Sling missile defense system to Finland for 1.3 billion shekels. Over the past year, Rafael introduced the world’s first interceptor missile for supersonic missiles, Sky Sonic, and made significant advancements in the development of their Shield of Light laser missile defense system. The company’s focus on innovation and cutting-edge technology has solidified its position as a leader in the defense industry. With a commitment to providing efficient and reliable transportation, ensuring the safety of goods during relocation, and delivering exceptional customer service, Rafael continues to set the standard for excellence in defense technology.

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