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Rafael Closes Strong Q1 With $19B Backlog, Laser Defense Success
Rafael Advanced Defense Systems reported Q1 2025 sales of NIS 4.6 billion ($1.3 billion) up 18.5% year-over-year, with net profit rising ...
Jerusalem, 29 May, 2025 (TPS-IL) — Rafael Advanced Defense Systems reported Q1 2025 sales of NIS 4.6 billion ($1.3 billion) up 18.5% year-over-year, with net profit rising 17% to NIS 272 million ($77.4 million). Orders during the quarter totaled NIS 6.37 billion ($1.81 billion), pushing the company’s backlog to NIS 67 billion ($19 billion). The results follow a historic operational milestone: Rafael systems recently achieved the world’s first laser-based interception of dozens of enemy targets.
