Furthermore, the company noted it has the highest quarterly order backlog in its history, totaling about $15.8 billion compared to $13.4 billion at the end of last year.
IAI profits jumped in the second quarter of 2022 by 29% to 129 million dollars.
The radar uses IAI's AESA (active electronic scanned array) for surveillance operations both in the air and on land is designed to be used by offshore patrol vessels (OPVs) and other small boats.
The satellite, which was originally intended to return to Earth, will instead continue its mission.
The main challenge lies in companies in the energy field, including the Electric Corporation and the Israel Public Utility Authority for Electricity.
The GREEN LOTUS system is designed to provide both high-performance counter-rocket, artillery and mortar (C-RAM) capabilities and air and ground surveillance capabilities.
As part of the contract, worth over NIS 100 million, IAI, in collaboration with Ido Cohen and The Armored Group (TAG), plans to manufacture Z-MAG and ZD combat vehicles.
The OTHELLO-P passive high-performance gunfire detection system increases survivability and lethality of troops on the battlefield.
Europe's leading land defense and security exhibition will take place in Paris this year, and is set to feature dozens of Israeli companies.
ELM-2084 multi-mission radar (MMR) is used in Israel's Iron Dome, David's Sling and Barak missile defense systems.