# Israeli Arms Makers Win Orders From Argentina to Sweden as Rearmament Spreads

IWI will supply about 1,000 rifles to Argentina's army and a Rafael subsidiary won a contract worth more than $400 million in Sweden.

- Published: 2026-07-10T05:11:17.087Z
- Canonical: https://polylog.news/2026-07-10/israeli-arms-makers-win-orders-from-argentina-to-sweden-as-r
- Publisher: Polylog (Global desk)
- Section: markets
- Sources: [Globes (Hebrew)](https://www.globes.co.il/news/article.aspx?did=1001548092#utm_source=RSS), [Economic Times](https://m.economictimes.com/markets/stocks/news/apollo-micro-systems-shares-in-focus-on-rs-1550-crore-deal-to-acquire-41-stake-in-premier-explosives/articleshow/132302191.cms)

Israeli defense companies continued to expand abroad, [Globes reported](https://www.globes.co.il/news/article.aspx?did=1001548092#utm_source=RSS), with the firm IWI set to supply about 1,000 rifles to Argentina's army and a subsidiary of Rafael winning a contract worth more than $400 million in Sweden. The report also described Turkish involvement in an ambitious space project in Somalia, part of a widening reach for arms and aerospace suppliers.

The same demand for military capability appeared in Asia. In India, Apollo Micro Systems moved to buy a 41% stake in Premier Explosives for 1,550 crore rupees, [a deal aimed at strengthening its defense and aerospace business](https://m.economictimes.com/markets/stocks/news/apollo-micro-systems-shares-in-focus-on-rs-1550-crore-deal-to-acquire-41-stake-in-premier-explosives/articleshow/132302191.cms). Buyers on several continents are moving at once.

Taken together, these deals point to a sustained global rearmament rather than a regional episode. From South America to Northern Europe to South Asia, governments are rebuilding stockpiles and modernizing forces, and the suppliers positioned to fill those orders are gaining a durable source of demand.

## What this means

The channel is defense procurement flowing to a widening set of contractors. As governments across multiple regions raise military spending at the same time, order books lengthen for arms and explosives makers, supporting their revenue and share prices. The beneficiaries are established exporters like Israel's IWI and Rafael and consolidating suppliers such as India's Apollo Micro Systems, while national budgets absorb the cost.

## What to watch

- Whether more governments announce multi-year defense spending increases, the demand base that sustains contractor order books.
- Whether smaller defense firms keep consolidating through acquisitions, a sign the sector expects durable higher demand.