Israel Shipyards

Serving naval and commercial marine industry for more than 60 years, Israel Shipyards Ltd is one of the largest privately owned shipbuilding facilities in the Eastern Mediterranean.

Serving naval and commercial marine industry for more than 60 years, Israel Shipyards Ltd is one of the largest privately owned shipbuilding facilities in the Eastern Mediterranean.

Israel’s Ministry of Defense and Cyprus’s Ministry of Defence signed an agreement for Cyprus to acquire an **Offshore Patrol Vessel (OPV)** equipped with advanced naval systems. The deal, finalized during a ceremony in Cyprus, involves collaboration between Israel’s **International Defense Cooperation Directorate (SIBAT)** and Cyprus’s **Armaments & Defence Capabilities Development Directorate**. The vessel aims to enhance Cyprus’s maritime security capabilities.

Oct 2026EDR MagazineNews article

Israel Shipyards starts building five **Reshef-class corvettes** for the Israeli Navy. The contract marks a major expansion of Israel’s naval combat fleet. The vessels incorporate advanced sensor and missile defense systems tailored for regional threats.

Feb 2025Naval NewsNews article

Israel Shipyards secures a **2.8 billion NIS** contract to build and deliver five **Sa’ar-class ‘Reshef’ combat ships** for the Israeli Navy. The agreement strengthens domestic defense production and aligns with Israel’s military modernization efforts. The ships incorporate advanced technologies and are part of a broader initiative to enhance naval capabilities.

Dec 2024EDR MagazineNews article

Israel Shipyards introduces the **Mini Shaldag**, a new variant in its Shaldag family of patrol vessels. The Haifa-based company delivers the hull of the eighth **Shaldag Mk V** to the **Philippine Navy**, where it is currently being outfitted at the Cavite Naval Base under a technology transfer agreement. The Philippines has acquired nine **95-tonne Shaldag Mk V** ships as part of the deal.

Nov 2024EDR MagazineNews article