The minister in command of the Authorities Firms Authority, David Amsalem, has accepted the fee by the protection firm.
The minister in command of the Authorities Firms Authority, David Amsalem, accepted the distribution of trapped dividends by state-owned protection firm Rafael Superior Protection Programs as we speak. Rafael will switch NIS 444 million to the state, “Globes” has discovered. Beforehand, Minister of Protection Israel Katz gave his approval to the transfer.
Amsalem praised Rafael’s 8,500 workers for his or her contribution to the State of Israel. The minister mentioned that the corporate was a mannequin of excellence and boldness in Israel’s protection business, and that the dividend can be an necessary means of constant to develop the nation’s defenses.
Amsalem instructed Authorities Firms Authority director Roi Kahlon to pursue a proactive coverage in all of the aggressive authorities corporations. On this context, substantial dividend funds are anticipated within the coming yr, with the goal of supporting warfare wants and funding the state funds. Amsalem pressured that sturdy, environment friendly state-owned corporations had been a significant part of Israel’s economic system, and that they need to be run with a view to maximizing their income and making use of these income to the good thing about the general public, as within the fee of dividends.
Rafael is because of publish its 2024 financials in the direction of the tip of March. These will most likely present one other report yr for the corporate, as within the case of Israel Aerospace Industries, which launched financials this week displaying a report $25 billion orders backlog on the finish of 2024.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on March 13, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
David Amsalem credit score Noam Moskowitz, Knesset Spokesperson’s Workplace
