Israel’s three greatest protection firms – Elbit Methods, Israel Aerospace Industries (IAI) and Rafael Superior Protection Methods – are ranked among the many world’s prime 34 protection firms for 2024, in keeping with the newest report by the Stockholm Worldwide Peace Analysis Institute (SIPRI), which ranks the world’s greatest 100 protection firms.
The report discovered that the income of Israel’s three greatest protection firms mixed grew 16% in 2024 to $16.2 billion.
The highest Israeli firm within the rating is Elbit Methods which noticed a 13.6% development in protection income to $6.28 billion final 12 months and rise from twenty seventh to twenty fifth within the SIPRI rankings. This put Elbit above giant worldwide firms like Sweden’s Saab, France’s Safran, and Europe’s MBDA. IAI rose from thirty fourth to thirty first place, as a consequence of 12.6% income development to $5.19 billion, rating the Israeli firm above France’s Naval and Dassault, in addition to the Emirati conglomerate Edge.
The Israeli firm that made the best leap within the rating is Rafael, which climbed from forty first to thirty fourth place. This adopted a 22.7% enhance in income to $4.7 billion, surpassing US firm KBR and Europe’s KNDS.
From a regional perspective, for the primary time ever, 9 Center Japanese firms entered the world’s 100 largest protection firms, with mixed income of about $31 billion. Of those firms, eight present dependable knowledge, displaying a 12% enhance in income final 12 months.
US giants Lockheed Martin, RTX (previously Raytheon), and Northrop Grumman retain the highest three positions within the rankings with the UK’s BAE Methods, the most important non-US protection firm within the rankings.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on December 1, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
