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Video filmed in Khan Younis, southern Gaza Strip, showed three huge explosions and fighter jets could be heard flying overhead. There was no immediate confirmation on possible casualties.
The Israeli military said the attacks targeted a rocket manufacturing facility and a military post for Hamas. It also blamed the militant Islamic group for any violence emanating from the territory it controls.
The airstrikes come as retaliation for two rockets fired from Gaza on Saturday which landed in the Mediterranean Sea off central Israel.
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Apart from a single incident in September, there has been no cross-border rocket fire since a cease-fire ended an 11-day war between Israel and Hamas in May.
The cease-fire, brokered by Egypt and other mediators, has been fragile. The militant Hamas group says Israel did not take serious steps to ease the blockade it imposed on Gaza with Egypt’s help when the Islamic movement seized control of the coastal enclave in 2007.
Tension are also high as other groups like the smaller but more hardline Islamic Jihad threaten military escalation if Israel doesn’t end the administrative detention of a Palestinian prisoner who has been on a hunger strike for over 130 days.
On Wednesday, Palestinian militants in Gaza shot and lightly wounded an Israeli civilian near the security fence and Israel responded with tank fire targeting multiple Hamas sites in the first exchange of fire in months.