The Israeli military said the targets of the multiple air raids in the southern Gaza Strip included a weapons manufacturing facility.
At least two Hamas sites were hit, in addition to one for allied group Islamic Jihad, a security source in Gaza told AFP. There were no reports of injuries.
The air attacks came shortly after Israeli Prime Minister Benjamin Netanyahu threatened to "respond vigorously to any attack".
"If someone in Gaza thinks that he can raise his head after Operation Black Belt, he is sorely mistaken," Netanyahu said in a statement, referring to two days of exchanges between Israeli forces and Palestinian fighters two weeks ago that was the worst such cross-border conflict in months.
Late on Tuesday, the Israeli military had said it identified two projectiles fired from the Gaza Strip, with missile defences intercepting one.
The rockets caused sirens to sound around the Israeli town of Sderot, close to the border with Gaza.
The attack was the second incident this week, and rattled the shaky ceasefire brokered by Egypt and the United Nations earlier this month that ended the latest round of fighting.