Israel Aerospace Industries
Record results for IAI, but its biggest client isn't paying for the Arrow
IAI's backlog hit $35B and profits jumped 47%, but a Ministry-Treasury dispute created a NIS 2.4B negative cash flow. Chairman Levy warns of debt.
US Air Force signs $1.84 billion contract with Northrop Grumman for Rafael Litening targeting pods
Autonomous AI-powered drone tech detects and reports fires, test launched by five-way partnership
Pakistani defense minister warns Islamabad of Israel-India military partnership
'Innovative, highly sustainable': Israel Aerospace Industries unveils new border protection system
In demonstrations, IAI’s solution, which is based on algorithms and AI of the most advanced in the field, has impressed both the Israeli security forces and potential foreign customers
Israel Aerospace to pay state $242m dividend
In May, IAI distributed a dividend of NIS 1.6 billion to the state from its profits between 2017 and 2023.
Israeli defense giants climb int'l ranks, record double-digit revenue growth in 2024, report says
The three Israeli firms listed in SIPRI’s Top 100 arms producers report increased their combined arms revenues by 16% from 2023 to $16.2 billion.
Israel must expand beyond defense in order to win in space - opinion
Indigenous launch capability is rare. A strategic decision can turn it into economic power.
From Israel to German special forces: A new and surprising customer for Zibar
Rare move: The German army chose an off-road vehicle from Beersheba. Israel Aerospace Industries will supply 200 units designed by Ido Cohen, also used by the IDF.
IAI unveils LAHAT ALPHA, next-gen anti-tank missile for extended ranges
LAHAT ALPHA builds on the vast operational experience of LAHAT, deployed globally with numerous customers, including the IDF
No. 13: Boaz Levy: CEO of Israel Aerospace Industries
Under Boaz Levy’s stewardship, IAI has reached record profitability, with its order backlog surpassing NIS 25 billion for the year 2024.
Cyprus’s procurement of Israeli air defense angers Turkey
Cyprus’s purchase of the Israeli-made Barak MX air defense system could destabilize the divided island’s “fragile balance,” leading to “dangerous consequences,” Turkish officials said.
Ofek 19 satellite passes the test: First successful images received
The image test is an important step towards the satellite's operational deployment.
Following the launch of Ofek 19: Everything you wanted to know about satellites
This week, Israel launched a satellite, joining 13 countries with space capabilities. How satellites reach orbit, avoid collisions, and what they can do are explored.
