Israeli fuze maker Aryt rides arms boom with 300% revenue growth
Expansion into U.S. and NATO markets underpins global strategy.
The global arms race, intensifying in Israel and beyond, continues to benefit Aryt Industries, which produces electronic fuzes for the defense market through its subsidiary Reshef Technologies. The company reported revenues of approximately NIS 525 million ($168.3 million) in 2025, an increase of mothan 300% compared with the previous year. Aryt, controlled by Zvi Levi, holds a 77.6% stake in Reshef, which leads the development, production, and marketing of fuzes for artillery shells, mortars, and loitering munitions.
Amid rising demand, the company announced that it expects to complete by mid-year the development of an advanced electronic fuze for precision loitering munitions. The initiative follows the identification of growing commercial potential in this segment and is being led by Brig. Gen. (res.) Zvika Haimovitz, former commander of the IDF’s air defense forces.
The company estimates that successful development will open significant global sales opportunities and is preparing to establish a dedicated business development unit to target new customers, separate from its existing operations. Aryt also reported receiving approximately NIS 2 million ($640,000) from a domestic defense customer to support development and initial production of the fuze.
At the same time, Aryt announced it had completed the development of a locally manufactured battery used in its fuzes. The battery is considered a critical component currently facing global shortages. Its development was accelerated after import restrictions disrupted supplies from a country that had previously provided them, due to the war in Gaza.
According to the company, the battery was developed rapidly, allowing Reshef Technologies to eliminate its reliance on imported components and strengthen its production independence. Aryt plans to commercialize the battery as a standalone product in the future.
Alongside the surge in revenue, gross profit rose to 69% of sales in 2025, up from 56% in 2024. The company’s order backlog reached approximately NIS 785 million ($251.6 million) at the end of 2025. About 60% of sales were generated internationally, with the remaining 40% in Israel. Aryt expects to secure additional orders, some of which are scheduled for delivery during the current year.
Net profit totaled NIS 346.8 million ($111.2 million) in 2025, representing a sixfold increase compared with the previous year.
During the year, Aryt expanded its international operations by establishing a wholly owned subsidiary in the United States as part of plans to build a manufacturing facility for electronic fuzes. It also signed an agreement with a Western European company to market and manufacture fuzes for NATO member states, including the transfer of knowledge and technology. Under the agreement, the partner will receive exclusive marketing rights in certain NATO countries, while Aryt expects to retain approximately 70% of the selling price.
Reshef also maintains a long-term agreement to supply fuzes to India, where it has established a local subsidiary.
Aryt CEO Haim Stapler said the company’s 2025 performance reflects both accelerated global expansion and improved profitability, driven by economies of scale and ongoing efficiency improvements in procurement and production. He added that growing demand is linked to global conflicts and longer wars, which require larger stockpiles of available ammunition.
The highest-paid executive at Aryt in 2025 was its controlling shareholder and chairman, Zvi Levi, who earned approximately NIS 2.16 million ($690,000) for a roughly 60% position.
