Military projects boost Israeli shipyards: Revenues in the quarter rose 21.6%...

Economics and markets | Aug 25, 2026, 10:02 AM

The Israeli shipyard group recorded revenues of NIS 428.5 million in the second quarter, up 21.6 percent. Net profit increased 22 times to NIS 15.6 million thanks to advances in military projects.

The order backlog stood at NIS 2.52 billion while revenues from maritime transport fell.

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