Over the Past Year, IAI has Generated Hundreds of Millions of Dollars of Sales in the Indian Partner; Expected to Expand Collaboration with Local Companies in defence Systems Integration Israel Aerospace Industries (IAI) will participate in Aero India 2019 Exhibition (February 20-24, Bangalore, India). The Company expects to expand collaboration with local leaders in integrating … Read more
The Innovation Center will accelerate the development of advanced pre-seed technologies by in-house teams Israel Aerospace Industries (IAI) inaugurated its innovation center in the heart of the startup ecosystem of Israel, in collaboration with the international Starburst Accelerator, which specializes in aerospace. The center is aimed towards promoting the implementation of IAI’s strategy, which focuses … Read more
ELTA Systems, a subsidiary of Israel Aerospace Industries (IAI), announced that a Government-to-Government (GTG), contract has been signed today in Prague, by the International defence Cooperation Directorate (SIBAT), at the Israel Ministry of defence and the Czech Ministry of defence. The agreement was signed for the Czech Mobile Air defence Radar (MADR), program and comprises … Read more
Israel Aerospace Industries (IAI) is providing the MiniPOP EO/IR systems fitted with an advanced command and control unit to FB Design, the Italian company supplying high-performance motorboats to the Italian Coast Guard. Two of the ten patrol boats ordered have already been delivered to Italy’s Guardia di Finanza for operational use. The MiniPOP is an … Read more
The Head of State’s aircraft took off on Sunday, November 3rd, at 10:45. IAI’s Test Pilots checked in the air basic aircraft systems and found normal results. The aircraft landed after four flight hours. This flight was the first from a planning serial test flights that will be held at later stages by IAI’s Aviation … Read more
At the invitation of the Portuguese Navy, ELTA Systems, a subsidiary of Israel Aerospace Industries, participated at NATO’s REP (MUS) 19 Exercise in Portugal where ELTA demonstrated its Counter Unmanned Aircraft System (C-UAS) Drone Guard (ELI-4030). The exercise focused on harbor protection: the use and integration of surface, underwater and air unmanned systems including anti-submarine … Read more
Significant aircraft cargo conversion contract for IAI’s Aviation Group. The deal involves the conversion of 15 airplanes and an option for 15 more conversions Israel Aerospace Industries (IAI) has recently entered an agreement with AerCap on the conversion of passengers’ aircraft into cargo configuration. Under the “Big Twin” deal, IAI will convert wide-body, 2-engine Boeing 777-300ER … Read more
Total program involvement offers an income potential of over $2 billion IAI and Lockheed Martin today marked the delivery of the 100th advanced combat aircraft F-35 wing delivered by IAI at a ceremony held at the company’s wing assembly line, with presence of the respective representatives of Lockheed Martin’ management, MOD representatives, SIBAT and The … Read more
Israel Aerospace Industries (IAI) North America celebrated today the opening of a new government relations and marketing office in Washington, DC near the US Capitol. The facility significantly expands the company’s presence in Washington, DC and creates a new space to highlight the company’s innovative technologies. “IAI’s vision is to fundamentally change the business model … Read more
Growth in sales to about USD 985 million, an increase of about 10.1% compared to Q2 2018. The growth in sales was evidenced in all of the Company’s divisions Increase in EBITDA to about USD 96 million, representing about 10% of sales, compared with about USD 70 million in Q2 2018 Increase in operating income … Read more
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