Representatives from the Israeli government and the two companies are planning a trip to the United States in mid-July to take a closer look at the conditions, Bloomberg reports, citing a government source.
Stricter accounting requirements on the Tel Aviv Stock Exchange are prompting consideration of a listing in New York.
The Israeli government plans to sell up to 30 percent of the shares in the two companies, which are behind the Arrow missile system and the Iron Dome air defence system, before the end of the year.
IAI has previously received the go-ahead for privatization, while Rafael is still waiting for it. Both posted record revenues last year, with order books of $30 billion and $20 billion, respectively.
