Hit List: Iran Threatens US and Israeli Corporations

IRGC said companies have supported US and Israeli military operations in Iran.

Eighteen corporations operating in Israel and the GCC nations were warned on March 31 they “will come under attack as they have assisted US-Israeli terror operations inside Iran.” The companies are considered “espionage entities,” according to the Iranian military.

PressTV reported:

The IRGC described those companies as espionage entities associated with the warmongering government of the United States, saying their artificial intelligence (AI) and internet communication technology (ICT) services have been the main elements in designing terror operations and tracing assassination targets by the US and Israel inside Iran.

“We advise employees of these institutions to immediately leave their workplaces to protect their lives,” the statement added. “Residents within a one-kilometer radius of these terrorist companies across all countries in the region are also urged to evacuate and move to safe locations.”

Corporations on the target list include:

ExxonMobil

ExxonMobil, the largest successor of John D. Rockefeller’s Standard Oil, is the eighth-largest company by revenue in the United States and 13th-largest in the world. The company’s market capitalization topped out at $714 billion as of 2026, making it the world’s 16th most valuable company. In addition to crude oil, it produces natural gas and petrochemicals.

ExxonMobil has a long-term commercial presence in Israel. The oil giant has consistently won US Department of Defense contracts to supply JP-8 aviation fuel for F-15/F-16 fighter jets and Apache helicopters. ExxonMobil also supplied EN590 diesel fuel for Merkava tanks, armored personnel carriers, and jeeps used in Gaza.

The corporation does not have an office in Israel, but instead operates through authorized distributors for specialized products, such as the Israeli company Emcol LTD in Ashdod for industrial lubricants. ExxonMobil also operates in Al-Jubail and Yanbu, Saudi Arabia.

Chevon

This American transnational oil and gas corporation, one of the largest corporations in the world, has a market capitalization of more than $410 billion. It is active in over 180 countries.

Chevron Mediterranean Limited, a subsidiary of Chevron Corporation, is a key partner in Israel’s energy sector, and operates the Leviathan and Tamar offshore natural gas fields. On February 28, the Israeli Energy Ministry ordered a temporary shutdown of Leviathan and its production vessels in response to Iranian retaliatory attacks.

The Israel Electric Corporation relies on the supply of Chevron extracted fossil gas to generate electricity for the majority of Israeli households, business, government, and military. The state of Israel collects hundreds of millions of dollars every year in royalties from Chevron extraction projects.

The company is a primary target for the BDS (Boycott, Divestment, Sanctions) movement. “Chevron runs natural gas extraction and pipelines off the shore of Palestine/Israel, making it a major partner in Israeli energy apartheid, the military blockade on Gaza, and the illegal exploitation of Palestinian land and resources,” notes the American Friends Service Committee, a Quaker-founded organization working for peace and social justice.

In addition to a presence in Israel, Chevron has offices in Al Jubail, Saudi Arabia, Mesaieed, Qatar, and Ras Laffan, Qatar.

Blackrock

This multinational investment company is the world’s largest asset manager with a market capitalization of $149 billion. It controlled $12.5 trillion in assets as of 2025.

Blackrock CEO, Larry Fink, is an outspoken defender and supporter of Israeli apartheid. Blackrock has major global asset holdings in Israel and works with Israeli investment firms. According to the United Nations, Blackrock holds shares in companies that supply technology to the IDF.

Activists accuse the corporation of profiting from the “economy of genocide” in Gaza. BlackRock collaborates with Israeli institutions and has been criticized for holding stakes in defense companies supplying Israel (Lockheed Martin, RTX, and Northrop Grumman).

In March, prior to the US-Israeli attack on Iran, reports surfaced alleging that a broker for US Secretary of War Pete Hegseth contacted BlackRock through Morgan Stanley to invest millions in a defense industrials fund.

Blackrock has offices in Tel Aviv, Abu Dhabi, Riyadh, and Kuwait.

General Electric

In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue, and in 2011 ranked as the 14th most profitable company.

GE Aerospace manufactures engines (T700-GE-701C) for Apache and Black Hawk helicopters, as well as engines (F110-GE-129) for F-15 and F-16 fighter jets. Additionally, their technologies are employed in Israeli Navy warships. Who Profits and American Friends Service Committee have documented the involvement of GE Aerospace products in military attacks, most recently in Iran, Gaza, and the West Bank, including the targeting of civilians, civilian infrastructure, and in attacks on homes and refugee camps.

Activists called for divestment over Israel’s use of GE military equipment. Shareholders, citing human rights violations, called for a report on the supply of GE Aerospace products to the IDF. The Anti-Defamation League (ADL) and Jewish Lens have advised shareholders to oppose proposals aimed at companies such as General Electric and General Dynamics, arguing the initiatives are politically motivated attempts to isolate Israel.

General Electric has offices in Haifa, Herzliya, Tirat Hacarmel, and Tel Aviv, as well as in Qatar and the UAE.

JPMorgan

JPMorgan is the largest of the “Big Four” banks in America, and the world’s fifth-largest bank by total assets ($4 trillion as of 2025). It has offices in Jerusalem, Abu Dhabi and Dubai, United Arab Emirates.

The bank has maintained a presence in Israel since the 1960s. It operates a large hub for investment banking, commercial services, and asset management in Tel Aviv. JPMorgan is invested in Israeli technology and supports startups.

JPMorgan offers a range of services in Israel, including investment banking, private banking, wealth management, and, more recently, commercial banking for high-tech companies. Additionally, they provide support for capital raising, liquidity solutions, payment management, and strategic advice for venture capital firms and their portfolio companies. It is also a primary dealer in Israel’s government bond market.

NGOs and UN experts have raised questions about financial dealings between Israel and arms companies, primarily Elbit Systems, and this has resulted in calls for divestment. Analysts from JPMorgan are attracted to Elbit’s strong growth in missiles and munitions.

In Glasgow and other cities, activists have protested against JPMorgan. BankTrack’s research revealed that the bank was among prominent underwriters of Israeli sovereign bonds, often referred to as “war bonds,” which are used to finance military operations in Gaza.

CEO Jamie Dimon condemned “Hamas’ horrific attack on Israel and its people and the resulting war and bloodshed are a terrible tragedy,” while saying nothing of decades of Gaza occupation and blockade, the genocide in Gaza, or the BDS effort. Dimon said during a CNBC interview that banks should expect cyberattacks and terrorist incidents.

Palantir Technologies

Palantir is an American data integration and analytics corporation doing business with the United States government. It offers Mission Critical National Security Systems to Trump’s War Department. The company has come under fire for its involvement in expanding government surveillance through AI and facial recognition tech.

The company is described as having a complex relationship with Israel and provides its military and intelligence services with data analytics and AI software. Peter Thiel, Palantir’s billionaire co-founder, partnered with Israel’s IDF to provide technology for “war-related missions,” namely the Lavender program, responsible for targeting Palestinians. “I defer to Israel,” Thiel said in a Cambridge Union video.

CEO Alex Karp, an outspoken supporter of Israel, expressed pride in Palantir’s contributions to the military occupation of Palestine. He refrained from commenting on the potential use of Palantir’s Project Maven software in targeting and killing Iranian Supreme Leader Ayatollah Ali Khamenei.

Palantir has offices in Tel Aviv, the Index Tower in Dubai, and the Andaz Capital Gate Hotel in Abu Dhabi. It currently has a market capitalization of $349.66 billion and annual revenue of $1,542 billion.

Oracle

Larry Ellison, the world’s second wealthiest individual, serves as the CEO of Oracle, a prominent database software and cloud computing company. Oracle has total assets worth $168.4 billion and a market capitalization of $423 billion.

The corporation has substantial operations in Israel and holds contracts with its security state. According to a report by Drop Site News, Ellison personally vetted Marco Rubio for his “loyalty to Israel.” The billionaire hosted a fundraiser for Rubio at his Woodside, California mansion, and was a significant financial supporter of Rubio during his 2016 presidential bid.

In 2021, Oracle’s Israeli CEO, Safra Catz, said unlike Google or Amazon, an Oracle employee who is dissatisfied by the company’s partnership with Israel has no place within the organization.

Ellison has donated millions to the Friends of the IDF and maintains close ties with the Israeli leadership, including Benjamin Netanyahu. The Netanyahu family has vacationed at Ellison’s private island, Lānaʻi, in Hawaii. He declared that supporting the IDF is a privilege. “Since Israel’s founding, we have consistently called upon the courageous men and women of the IDF to defend our homeland,” he said.

Oracle collaborated on confidential projects with Rafael, a defense contractor, and the Israeli Air Force, specifically “Project Menta.” Internal Oracle communications reveal that the classified Project Menta enabled the IAF to execute unspecified military operations.

“Documents suggest this program supports Israeli security operations, combining biometric data, behavioral analysis, and algorithmic targeting. The name Menta—Latin for ‘mind’—hints at its focus: real-time predictive intelligence,” writes Kio Amachree.

Oracle has major offices and a secure underground cloud region in Israel. Its headquarters are located in Petah Tikva, and another office is situated in Be’er Sheva. In Jerusalem, the company operates a secure, multi-story underground cloud data center and has announced plans to establish a second underground data center.

Meta

Meta, formerly Facebook, owns several social media platforms and apps, including Instagram. It is ranked 31st on the Forbes Global 2000 list of the world’s largest public companies. Meta had $201 billion of operating revenue as of 2025 and a market cap of $1.45 trillion.

CEO Mark Zuckerberg has taken down pro-Palestinian content from Facebook, deferring to the requests of the Israeli Cyber Unit 8200. Guy Rosen, Meta Chief Information Security Officer, is linked to Israel’s 8200, while Jordana Cutler, Meta’s public policy director for Israel, worked for Benjamin Netanyahu. Zuckerberg, who is Jewish, has routinely removed Arabic content from the site. Many of the demands for takedowns came from the Israeli government.

Human Rights Watch and other critics accuse Meta of systematically and globally censoring pro-Palestinian content. They point out that terms like “Stop the Genocide” are flagged as spam and accounts are often restricted. Following October 7, 2023, Meta implemented automated filters in West Asia, which critics argue disproportionately impacted Palestinian users.

Meta has an office in Tel Aviv, which was closed down in March due to safety concerns. The company also has a regional headquarters in Dubai Internet City.

Halliburton

The American multinational corporation Halliburton is the world’s second-largest oil service company. The late former Secretary of Defense, Dick Cheney, was Halliburton CEO.

Through its subsidiary, KBR (Kellogg Brown & Root), Halliburton was the largest contractor for the illegal Iraq War. It generated $39.5 billion in revenue from logistics and reconstruction during the war. KBR was awarded a $7 billion contract in 2003 to repair Iraq’s oil infrastructure damaged during the war.

Halliburton has been actively involved in Israel’s offshore oil and gas sector, particularly in collaboration with Energean, an international hydrocarbon exploration and production company. Their work has included Mediterranean drilling expeditions off the coast of Israel. While the Israel-Lebanon maritime dispute primarily affected Halliburton by making its offshore operations in Israel politically sensitive, it didn’t directly hinder their operations.

The corporation has a market capitalization of $32.66 billion and maintains a presence in Kuwait, the UAE, Qatar, and Saudi Arabia.

Lockheed Martin

The defense and aerospace corporation is the top contractor for the United States federal government. 65% of its revenue comes from the Defense Department. In 2020, Lockheed Martin reported earnings of $6.833 billion, with an annual revenue of $65.398 billion. As of 2019, its market capitalization was valued at $109.83 billion.

The corporation shares a close relationship with Israel, supplying advanced aircraft to the Israeli Air Force, including the F-35 Lightning II “Adir” fighter, while F-35Is were used in raids on Gaza. F-35s are also used in strikes on Iran. Lockheed Martin also sold CH-53K King Stallion helicopters, and C-130J Super Hercules tactical transports to Israel. It also provides Israel with Hellfire missiles.

In December, Lockheed Martin and Israel’s Industrial Cooperation Authority (ICA) extended their partnership for an additional four years. The ICA, under the Ministry of Economy and Industry, oversees industrial cooperation agreements with over 200 global leaders in the defense, aviation, energy, electronics, medical equipment, vehicles, and other sectors.

Lockheed Martin operates and maintains an F-35 training facility southeast of Be’er Sheva under a multi-year maintenance contract. The arms manufacturer has an offices in Tel Aviv’s Museum Tower and also in the UAE and Saudi Arabia.

Boeing

This multinational corporation manufactures airplanes, rotorcraft, rockets, satellites, and missiles. Boeing is the fourth-largest defense contractor in the world based on revenue, with a net income of $2 billion and a market capitalization of $156 billion.

The corporation has a longstanding partnership with Israel, supplying attack helicopters, F-15 fighter jets, and munitions, including thousands of Joint Direct Attack Munition (JDAM) kits.

Currently, Boeing is fulfilling major contracts for new F-15EX jets and expediting the delivery of precision-guided bombs to the Israeli Air Force. Notably, F-15 and F-15I aircraft were among the 140 fighter jets that engaged in ground strikes during the 12-Day War against Iran last June. Israel and the United States jointly funded, developed, and produced the Arrow 2 and Arrow 3 missile systems, which the company manufactures.

Human rights organizations have criticized Boeing for using its munitions and aircraft in Gaza. Research by Amnesty International confirms that weapons manufactured by Boeing were used in unlawful Israeli airstrikes that resulted in the deaths of civilians, including children, in Gaza.

Since 1969, Boeing has had a corporate office in Tel Aviv. Additionally, the company has a presence in Saudi Arabia, the UAE, and Qatar.

IBM

IBM was an innovator in the personal computer business in the 1980s and later developed the Watson AI program. It has diversified into a number of businesses, including healthcare and enterprise software companies. IBM has total assets of $151 billion and a market cap of $227 billion.

IBM Israel is a prominent research and development hub in the Israeli tech sector. In 2020, IBM secured a 25-year contract worth approximately $1 billion to provide IT services for the Israeli military’s newly established regional logistics centers. Red Hat, a provider of enterprise open-source software, provides the Israel military with cloud computing services used across intelligence, air force, and navy divisions. IBM frequently acquires Israeli startups to bolster its global portfolio.

Since its founding in 1911, IBM has been complicit in human rights abuses perpetrated by governments and oppressive regimes, including supplying technology to Nazi Germany during World War II. Numerous organizations have urged a boycott of IBM due to its longstanding history of supplying infrastructure to the Israeli military and police forces. In 2024, the Norwegian asset manager Storebrand divested from IBM, citing concerns over its biometrics sales and support for human rights abuses.

IBM has offices in Tel Aviv, Petah Tikva, Haifa, and Be’er Sheva. In addition to a presence in Israel, the company is present in Saudi Arabia, the UAE, Qatar, and Kuwait.

Tesla and X

In response to allegations of unmoderated antisemitism on Elon Musk’s social media platform X, the billionaire toured the Kfar Aza kibbutzim, allegedly attacked by Hamas, in November 2023. He was accompanied by Prime Minister Benjamin Netanyahu. Musk attended a meeting with President Isaac Herzog where they discussed addressing “online hate” on social media. Musk expressed support for Israel’s military response to the Palestinian resistance and said there is “no choice” but to destroy Hamas.

Tesla has offices in Netanya, Tel Aviv, and Be’er Sheva, and plans o deliver the UAE’s first Tesla Experience Centre on Yas Island.

Intel

The American multinational semiconductor and technology corporation operates in Israel. It is the country’s largest tech sector employer. Intel operates major centers in Haifa, Petah Tikva, Jerusalem, and a manufacturing site in Kiryat Gat. Intel has invested over $27 billion in Israel over the past five decades. Intel Israel, one of Israel’s manufacturing and R&D sites, represents approximately 3.5% to 5.5% of Israel’s total high-tech exports.

As of 2024, Intel had revenue of $53 billion, and a market capitalization of $221 billion. The multinational technology corporation established an Innovation Center in Dubai, billed as a lab for future technology.

Apple

Apple, the renowned manufacturer of iPhones and Mac computers, maintains its second-largest facility in Israel. Apple’s market capitalization is nearly $4 trillion and it is one of the most profitable corporations in the world. Apple’s net income reached $112 billion, largely attributed to iPhone sales, which constitute over 50% of the company’s revenue.

The company employs over 2,000 people, including hardware and semiconductor engineers, in Herzliya and Haifa following significant acquisitions of Israeli tech firms. These acquisitions include flash memory designer Anobit, 3D sensor firm PrimeSense, and audio AI startup Q.ai.

Apple’s Senior VP of Hardware Technologies, Johny Srouji, is an Israeli based in Haifa. Srouji’s father was a craftsman who produced casting molds to the specifications of the Israeli Ministry of Defense.

In addition to a strong presence in Israel, Apple established a regional hub near the Riyadh airport in Saudi Arabia. It is considering establishing an assembly line and repair work facility along with light manufacturing at the site.

Nvidia

The American technology corporation develops graphics processing units and application programming interfaces. As of 2026, it reported an operating income $130 billion and a market cap over $4 trillion.

Nvidia has confirmed its intention to establish a substantial new research and development campus in Kiryat Tivon, a city in northern Israel. The company has described the country as a strategic “second home.” Israel holds the distinction of being Nvidia’s largest R&D base outside the United States, comprising seven research and development centers. Nvidia employs over 4,500 workers in Israel. Jensen Huang, co-founder and CEO, said during a podcast that his company is “100% in Israel.”

The company has offices in Tel Aviv, Yokneam, Be’er Sheva, Ra’anana, Tel Hai, Israel, and Dubai, UAE. A massive new campus is planned for Kiryat Tivon, outside of Tel Aviv, expected to accommodate over 10,000 workers by 2031.

Cisco

Cisco is an American multinational technology conglomerate corporation. It develops, manufactures, and sells hardware, software, telecommunications equipment and diverse technology services and products. The corporation has an operating income of nearly $12 billion and a market capitalization of $306 billion.

The corporation established a development center in Netanya, Israel, in 1997. In addition, it has acquired Israeli startups, including cloud security company Portshift, and others, such as Lightspin and Armorblox, that specialize in cybersecurity and AI.

Cisco supports “digital Israel,” an initiative designed to advance digitization, including the creation of technological hubs, known as “Klika,”in the Negev and Galilee regions. It has contracts with the Israeli Ministry of Defense for IT support and infrastructure.

“The company’s involvement in activities related to Israel’s occupation comes in violation of international law and contradict its stated commitment to human rights and the UN Global Compact for Corporate Social Responsibility,” notes the Who Profits Research Center.

In addition to Cisco’s head office in Netanya and an office in Caesarea, the corporation has presence in the UAE, Saudi Arabia, Qatar, Bahrain, Jordan, and Kuwait.

Other Corporations on the IRGC Hit List

In addition to the above mentioned, there are a number of other companies doing business in Israel and GCC nations singled out by the IRGC. These include: Dell (computer hardware); Rapyd (an Israeli money service company), Visa (digital commerce); Mastercard (SME Payment systems); Vitol Dubai Limited (global energy and commodities); Trafigura (commodity trading); Spire Solutions (cybersecurity); Bain & Company (management consultancy); and Boston Consulting Group (corporate strategy).