Israel’s two giant state-run defense companies may go public, but there are hurdles
The current market presents an opportunity for the Israeli government to raise billions of dollars while improving the companies' efficiency and access to capital.
The current market presents an opportunity for the Israeli government to raise billions of dollars while improving the companies' efficiency and access to capital.
The US seems stuck on the fence about whether to abandon or commit to the Lebanese military, and until it picks a side, little is likely to change in the regional conflict with Hezbollah, writes Bilal Saab.
Romania has taken a number of steps to upgrade its defenses amid the war in Ukraine just across its border, including acquiring other Israeli systems.
Smart Shooter VP Scott Thompson told Breaking Defense that the evolving threat of small drones has sparked high demand for kinetic solutions.
The booths of some smaller Israeli firms are hidden behind temporary walls here, while spaces for larger companies are open but mostly devoid of weapons systems.
“It’s a game changer. It’s smaller, uses only 4kWh, can be connected to a vehicle, and is three to four times less expensive than current laser or microwave systems,” Erex Riahi, the CEO of Esh-Tech, said.
Palladyne plans to put new AI swarming software on the battle-proven Israeli drones and compete for contracts like the Army’s Long-Range Precision Munition (LRPM), CEO Ben Wolff told Breaking Defense.
“[M]issile, rocket, and air defense systems continued to lead in 2025, accounting for over a quarter (29%) of total deal volume,” the Israeli Ministry of Defense announced today.
Both Elbit Systems and Rafael plan to attend Eurosatory, despite a new ban on Israeli government officials attending.
The company said approximately 71 percent of the backlog was for customers outside Israel.
“This procurement of Leopard tanks to Norway came at the right timing with the rebuilding of German armed forces and their tank fleet and we could join with KNDS and [the] German and Norwegian government[s] to create the new baseline of the Leopard,” EuroTrophy Managing Director Dan Kalfus told Breaking Defense.
The plan involves different defensive systems dispersed across small satellite ships, which can be connected to a mother ship in a disaggregated model.
From smart rifles to counter-drone drones, smaller Israeli firms say tech can counter the deadly battlefield development.
This week on The Break Out, Israel just signaled a notable expansion of air power, and we walk the show floor of the Modern Day Marine conference.