Israel Poised to Launch Defense Privatizations in months, Says Government Official

A view of the Israel Aerospace Industries (IAI) booth at the Singapore Airshow at Changi Exhibition Centre in Singapore, Feb. 20, 2024. Photo: REUTERS/Edgar Su

Israel plans to begin the long-awaited privatization of two of its largest defense companies as early as the second quarter of this year, a senior government official said.

Roi Kahlon, director of the Government Companies Authority, said union and regulatory issues should be resolved in the next few months to allow initial...