• Sales reach USD 910 million • Gross profit of USD 126 million • Operating income of USD 20 million • Net income, after non-cash expenses in respect of deferred taxes due to the increase in the US dollar exchange rate, totaling USD 12 million. Accounting net income totals USD 2 million • Order backlog … Read more
Israel Aerospace Industries (IAI) and Sky Sapience signed an agreement for the development, marketing and production of new tethered hovering aerial systems. IAI and Sky Sapience plan to use and integrate existing capabilities and products from both companies on board the systems geared towards defence, homeland security, and commercial markets. The advantages of tethered aerial … Read more
Joseph Weiss, IAI’s President & CEO: We are perceived by employees as a high-tech innovative and exciting company, that combines professional challenges with significant contributions for the sake of national security BDI’s rankings of the top 100 best companies to work for were published this morning. Israel Aerospace Industries (IAI) was ranked in the top … Read more
“Latin America serves as an important growth engine with extensive business potential for IAI’s large spectrum of advanced technological solutions” I am filled with a sense of pride as I see the impressive Israeli representation here at the show, which reflects the Israeli defence industries’ impressive technological power and advanced capabilities,” said Rafi Maor, Israel … Read more
LAAD 2015 – IACIT’s Over the Horizon (OTH) radar project broke ground this month at a coastal site in the South of Brazil. Backed up by transfer of technological knowhow from IAI-ELTA, the project is being conducted with the support of the Brazilian Navy. After receiving the necessary clearance from local authorities, IACIT began the … Read more
Israel Aerospace Industries (IAI) will present an impressive interactive 3D demonstration of its integrated maritime solutions during LAAD 2015, the largest aerospace, defence and homeland security event in Latin America, taking place in Rio de Janeiro, Brazil. Visitors at IAI’s larger than ever booth, will witness IAI’s comprehensive solutions coming alive. The demonstration includes complex … Read more
Avionics, a leading player in the Brazilian Unmanned Aerial Vehicle (UAV) arena is progressing towards production of a unique, Brazilian-made Medium Altitude Long-Endurance (MALE) UAV – the “Caçador”. The Caçador UAV is designed to meet the specific, unique and advanced requirements of Brazil with its special strategic interests. The manufacturing process will take place in … Read more
Record sales of USD 3.83 billion in 2014, representing an increase of 5% compared to 2013 9% increase in gross profit compared to 2013 to USD 571 million and a 68% increase in operating income to USD 141 million Decrease in net income: USD 27 million compared to USD 75 million in 2013. The increase … Read more
Hybrid-electric aircraft tractor taxies aircraft with turned-off engines to runway MoU for wide body aircraft certification testing signed today Following approval by the European Aviation Safety Agency (EASA), Lufthansa LEOS, a subsidiary of Lufthansa Technik AG, has commenced operations with the innovative TaxiBot aircraft tractor, developed by Israel Aerospace Industries (IAI) with Lufthansa LEOS’ extensive … Read more
Government and military officials visited Israel Aerospace Industries’ (IAI) pavilion at the Aero India exhibition, which started this morning in Bangalore, India. India’s Prime Minister Narendra Modi, who officiated over the exhibition’s opening ceremony in front of an audience of thousands, toured IAI’s pavilion and learned about the Company’s newest and most advanced technologies, including … Read more
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