The agreement with the Abu-Dhabi based Group 42 is to develop breakthrough technology solutions for COVID-19 Israel Aerospace Industries (IAI) entered a historic collaboration agreement with Group 42, a company based in Abu-Dhabi, the capital of the United Arab Emirates. The collaboration between the two companies will cover research and development of solutions that may … Read more
The CEO of Israel Aerospace Industries, Major-General (Ret.) Nimrod Sheffer, announced today, Wednesday, July 1, 2020, that he is stepping down following two years as the company’s CEO and six months as VP of strategic planning. Sheffer (59) joined IAI as VP of Strategic Planning 2.5 years ago after 36 years of military service as … Read more
Israel Aerospace Industries (IAI) and Iron Drone today announced that they have entered a collaboration agreement for the integration of interception capabilities into IAI’s advanced anti-drone system, Drone Guard. The intercepting drone can be launched during day or night from a docking station that hosts several ready-to-use drones. Several intercepting drones can be launched simultaneously … Read more
Valued at tens of millions of dollars, the contract with German courier, parcel, and express mail company DHL International GmbH, comes during the increased demand for cargo aircraft stemming from the COVID-19 crisis Israel Aerospace Industries (IAI) will convert an additional three B767-300 passenger aircraft to cargo aircraft, with the potential for a fourth aircraft. … Read more
Special Mission Aircraft which are designed and developed in IAI are used primarily for collecting strategic intelligence Israel Aerospace Industries has received a 350$ Million Special Mission Aircraft related contract from a major European country. The Contract will be executed by IAI’s ELTA Systems, a global leader in the Special Mission Aircraft domain. IAI delivered … Read more
The AI-based model predicts the progression of a patient’s condition. It was developed by scientists from the Space and Missile Group using information from the Sheba Medical Center cloud database Israel Aerospace Industries (IAI) has developed a model that predicts the progression of the medical status of COVID-19 patients with artificial intelligence (AI), big data, … Read more
IAI has successfully completed an operational dual firing trial with the LORA Weapon System. The trial was held in the open sea to demonstrate LORA’s capabilities to an IAI customer Israel Aerospace Industries (IAI) has completed a dual operational firing trial with LORA (Long-Range Artillery Weapon System), a precise ballistic strike missile. The trial was … Read more
Strong quarter for IAI: Continued growth in sales – surpassing USD 1 billion sales in the quarter. Continued growth in all financial parameters – net income, operating income, gross profit and EBITDA – all increased by double-digit percentages Growth in sales volumes to about USD 1,018 million compared to about USD 1,001 million in Q1 … Read more
The Innovation Center enables accelerated development of pre-seed solutions by in-house development teams The first development cycle of Israel Aerospace Industries (IAI) Innovation Center was successfully completed this week. The Innovation Center operates in collaboration with Starburst, a global accelerator that specializes in aerospace, and just completed its first 13-week cycle. During this time, three … Read more
Airports take advantage of lull in activity to test innovative system for aircraft towing Israel Aerospace Industries (IAI) with its partners TLD and SAS is expanding the TaxiBot operations and deployment to Schiphol airport in Amsterdam and Bangalore Airport in India. With the COVID-19 crisis bringing airport operations to a near-halt, the opportunity is provided … Read more
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