Record-breaking Profits in the First Half and Second Quarter of 2024; Order Backlog of USD 22.2 Billion, Sales of USD 2.85 Billion The Company increased its investment in R&D and supplies advanced technological solutions to Israel’s security establishment and its customers worldwide 78% increase in net income in H1 2024 to about USD 294 million … Read more
Highest Grossing Year in Company History: All time-record order backlog of about USD 25 billion Net income in 2024 leaped by about 55% to USD 493 million; record-breaking EBITDA, gross profit and sales turnover Increase in sales to about USD 6,112 million in 2024 compared with about USD 5,327 million in 2023. 55% growth in … Read more
Airbus subsidiary Airbus DS Airborne Solutions (ADAS) and its long-term partner Israel Aerospace Industries (IAI) will continue to provide uncrewed aerial maritime surveillance services to the European Border and Coast Guard Agency Frontex. Under the terms of the follow-on framework contract that has now been signed, the Medium-Altitude, Longe-Endurance system Maritime Heron will be operated … Read more
The German Navy has just completed operational trials in the Baltic Sea for IAI’s BlueWhale autonomous submarine, together with NATO and Atlas Elektronik, a maritime hi-tech firm. Tests examined intelligence gathering and target acquisition capabilities above and below water, in preparation for the Marine 2035 framework. The submarine is 10.9 meters in length and weighs … Read more
Israel Aerospace Industries, the Israel Innovation Authority and Hebrew University Launch Israel’s First Quantum Computer Built with Superconductor Technology Israel’s first domestically built quantum computer, utilizing advanced superconducting technology, is now operational. The 20-qubit quantum computer was developed under the leadership of the Israel Innovation Authority, Israel Aerospace Industries (IAI), Hebrew University, and the university’s … Read more
BlueWhale, the unique large Autonomous Underwater Vehicle (AUV) unveiled last year by Israel Aerospace Industries, led the Operational Experimentation (OPEX) in the Baltic Sea for the German Navy. IAI will display its BlueWhale AUV during the Berlin Security Conference (at Booth 34-35) The Bundeswehr Navy has announced that it has conducted a two-week intensive test-phase … Read more
Most profitable period in IAI’s history: order backlog of about USD 25 billion – the highest in the company’s history. Net income leaped by 74% to USD 416 million; record high EBITDA and gross profit in Q3 2024; in the nine months ending September 30, 2024. 74% increase in net income in the period of … Read more
Israel Aerospace Industries (IAI), a world-class aerospace and defence leader, has received EASA and FAA certification to perform QT level maintenance for CFMI LEAP-1A Series Engines. Additionally, the company is also in the final stages of extending this certification to LEAP-1B engines. This certification opens a new channel of business for the company’s Engine maintenance, … Read more
IAI a world-class aerospace and defence leader, has appointed Dror Bar as IAI Vice President and CEO of ELTA. Bar was identified as the most suitable candidate after a long and rigorous search procedure was carried out in accordance with the procedure for appointing a CEO in government-owned companies. ELTA’s board of directors, headed by … Read more
The First-of-its-kind, Light & Affordable Air-To-Surface Cruise Missile WIND DEMON is an electro-optic cruise missile that offers high accuracy, high survivability, long-range strike and high lethality The WIND DEMON Missile is an accurate response to the changing nature of warfare where affordability is a key factor Farnborough – Israel Aerospace Industries, a world-class aerospace and … Read more
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