Israel Considers U.S. Listings for Defense Companies
Israel is considering U.S. listings for state-owned defense companies Israel Aerospace Industries and Rafael Advanced Defense Systems to potentially avoid stricter domestic disclosure rules, with officials expected to visit the U.S. in July to evaluate IPO options, Bloomberg's Galit Altstein reports. According to an Israeli official familiar with the trip, possibilities include either a primary or dual listing. Publicly traded companies in the space include BAE Systems (BAESY), Boeing (BA), GE Aerospace (GE), General Dynamics (GD), HII (HII), L3Harris Technologies (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC) and RTX (RTX).
