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Israel Aerospace Industries
Cyprus acquires advanced Israeli air defense system in shift away from Russian tech
Island nation replaces outdated Russian air defenses with Israel's Barak MX system, capable of intercepting drones and cruise missiles up to 150 km; local media calls acquisition 'game-changer' amid threats from Turkey; Ankara yet to respond
Yoav Zitun, news agencies
|
12.05.24
German Navy successfully tests Israeli BlueWhale Drone Sub as Baltic risks escalate
After a recent case of suspected Russian sabotage against internet cables in the Baltic Sea, the German Navy concluded testing the BlueWhale, an unmanned Israeli submarine that could help it protect critical undersea infrastructure
Nathan Klabin
|
12.01.24
Israeli defense giant posts record $122 million Q3 profit amid war
Israel Aerospace Industries reports record-breaking financial performance for Q3, with $25 billion order backlog, 60% rise in net profit and 16% increase in revenue, driven by high demand for defense technologies
Navit Zomer
|
11.20.24
Israel's strikes on Iran spark interest in air-launched ballistic missiles
Air-launched ballistic missiles can strike from any direction, creating significant challenges for defense systems, expert says; unlike ground-based ballistic missiles and air-launched cruise missiles, these weapons bypass many traditional interception obstacles
Reuters
|
11.04.24
Drone strike targets Netanyahu’s home in Caesarea; PM and family unharmed
Lebanon drone hits Caesarea home, causing no injuries, IDF reports, adding 3 drones launched, with 2 intercepted; rockets strike Tiberias, the Galilee and Haifa, with one hitting residential building, injuring 2
Ynet
|
10.19.24
IDF places hopes in new laser anti-rocket systems amid expanding war
As Hezbollah continues to target northern and central Israel with rocket and missile barrages, security officials hope to expedite laser system allowing for faster and cheaper interceptions
Yuval Azulay/Calcalist
|
10.09.24
Israel Aerospace Industries profits soar as Gaza war drags on
Israel Aerospace Industries notches new profit record with 2Q profits of $159 million and has a backlog of orders as wars on the border and around the world continue; revenues amounted to $1.4 billion and the missile division, which produces the Arrow system, led sales with $614 million
Navit Zomer
|
08.15.24
IAI clinches lucrative Arrow missile sale as Israel's defense industry thrives amid war
Sale valued at 1.9 billion dollars signed between Israel and an unnamed government; Israeli weapons systems in demand as global tensions rise; industry sees record-braking earnings
Navit Zomer
|
08.08.24
Israel Aerospace Industries signs $1 billion deal with undisclosed 'third party'
IAI announced the deal is closed, but it is currently withholding the identity of the country behind it; Reports suggest it is a satellite deal, and IAI chief Amir Peretz is finalizing details at a meeting taking place in Morocco
Navit Zomer
|
07.10.24
Israel Aerospace Industries unveils high-tech visitor center near Pentagon
New facility aims to deepen connections with US military, government and industry partners, showcasing advanced aerospace technologies
Navit Zomer
|
05.26.24
Israeli defense industries are the new golden-egg laying goose
Security companies in the country see a meteoric rise in interest of tech workers to join the industry since the start of the war in Gaza and in light of Israel's unprecedented defense against Iran's onslaught of munitions
Maayan Manela/Calcalist
|
04.28.24
Israeli defense industry sees impressive rise after Iranian attack
Tehran's unprecedented attack against Israel showed off the countries' impressive defensive capabilities, leading to hikes in stock prices and billions of dollars in new orders
Navit Zomer
|
04.20.24
Global clients flock to Israeli defense firms following Iran attack
Israel Aerospace Industry CEO Boaz Levy says staggering success in countering Iranian assault proves air defenses invaluable in quest for security
Navit Zomer
|
04.15.24
As defense dynamics shift, Israel Aerospace Industries on global upswing
Post-Ukraine conflict, security product demand surges, driving company to expand abroad; in India, a partnership forms to support sold electronic systems; in Germany and UK, new affiliates focus on marketing and sales
Navit Zomer
|
03.20.24
2023 was most profitable year for weapons sales
Israel Aerospace Industries sees best year in arms sales amid war in Ukraine and in Gaza with profit up 49%; Subsidiary producing Iron Dome and David Sling's radars also sees arms sales soar
Navit Zomer
|
03.14.24
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