Rafael profit rises 23% as backlog hits $24 billion and Defense Ministry debt swells

May 28, 2026 | Business, YnetNews Business

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Rafael’s first-quarter reports show growth across key metrics, with net profit up 23% and orders up 28%; CEO Yoav Turgeman says the Defense Ministry’s debt to the company has climbed to nearly 7 billion shekels, calling delayed payment ‘not a badge of honor for Israel’| Read More ynet – Business 

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