According to the Israeli military, the fighter jets aimed at a military facility belonging to Islamist Hamas.
"The military facility consists of an underground complex containing raw materials used in the manufacture of rockets," the Israeli military said.
The attack was a response to "attacks from the Gaza Strip on Israeli territory," the military added.
In addition, the promised 1,500 new permits for Palestinians to work in Israel are put on ice, announces Cogat, who is responsible for coordinating Israel's activities in the Palestinian territories.
During the night, a total of four rockets were fired at Israel on two occasions.
According to Israel, one rocket was fired, while the other three struck in an uninhabited area.
Rocket alarms sounded in southern Israel, including in the city of Ashkelon.
On Friday, US President Joe Biden visited the occupied West Bank, where he met with Palestinian leader Mahmoud Abbas.
On Thursday, Biden met with Israeli Prime Minister Yair Lapid.
Among other things, the United States will provide more support to Palestinian refugee and health care organizations, after that aid was thwarted under former President Donald Trump.