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.

Arrow 2 system, July 29, 2004.
Rafael's Litening 5 targeting pods

US Air Force signs $1.84 billion contract with Northrop Grumman for Rafael Litening targeting pods

Drone integrating VTOL & APUS 25 tech undergoes test flight.

Autonomous AI-powered drone tech detects and reports fires, test launched by five-way partnership

Pakistan's Defence Minister Khawaja Muhammad Asif (C) arrives at the Parliament House in Islamabad on June 10, 2025, before the presentation of the country's federal budget.

Pakistani defense minister warns Islamabad of Israel-India military partnership


New IAI system optimizes passenger-to-freighter aircraft conversions

Israel's Aerospace Industries launched its Global Control Center (GCC), which can manage and monitor significant projects. The system is now in operation.

 New IAI system optimizes passenger-to-freighter aircraft conversions

Israel Aerospace Industries sees 49% increase in net income in 2023

IAI, a leader in defense and commercial markets that delivers state-of-the-art technologies saw sales increase to about $5.3 million in 2023, compared with about $4.9 million in 2022.

 Amir Peretz and IAI CEO Boaz Levy. March 14, 2023.

Sky Dew: The high-stakes game of Israel's advanced spy balloons

After a year and a half on the ground preparing for operational service Sky Dew finally launched on Sunday morning.

 Sky Dew balloon

The Joker up Israel's sleeve: The utilization of UAVs against Hamas

Rotem May-Tal, CEO of Asgard Systems, which specializes in military tech applications, spoke to Maariv about the innovative weapons in the war against Hamas.

 A view of the wing of the new "Spark" UAV.

Israel Aerospace head Levi receives Bialkin Leadership Award from America-Israel Friendship League

The award symbolizes IAI’s contribution to Israel’s defense, both during the war and in peacetime.

 Boaz Levi, CEO and president of Israel Aerospace Industries, at the the America-Israel Friendship League's annual dinner.

Israel Aerospace Industries announces best 9-month results in company history

Record-breaking order backlog of  $16.6 billion 

 Boaz Levy, IAI President and CEO with Amir Peretz, Chairman of the Board of Directors of IAI

IAI signs $1.2 billion deal to supply defense systems to foreign customer

“This transaction joins a series of transactions in air defense systems signed recently, strengthening the company’s position as a world leader in the field,” said Boaz Levy, CEO of IAI.

 Boaz Levy - IAI CEO

Defense Minister Gallant to fly to Germany Wednesday for Arrow deal signing

In Berlin, Gallant and German Defense Minister Boris Pistorius will discuss security threats and regional challenges in Europe and the Middle East.

 Defense Minister Yoav Gallant addressing the the World Summit on Counter-Terrorism in Herzliya on September 11, 2023

Germany's purchase of Israel's Arrow 3 missiles done by November - exclusive

EXCLUSIVE: German Air Force Chief Lt.-Gen. Ingo Gerhartz told the Jerusalem Post the final contract will be signed by November.

Israel, US carry out successful test of Arrow-3 missile over Alaska

Israel's $4 billion sale of Arrow-3 takes Germany ties to new heights - Gallant

Gallant told German counterpart Pistorius that the deal had "great significance for Israel and Germany from security, economic, and not least, symbolic perspectives." 

Israel, US carry out successful test of Arrow-3 missile over Alaska