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March 27, 2015 3:13 AM ET

Aerospace and Defense

Company Overview of Israel Aerospace Industries Ltd.

Company Overview

Israel Aerospace Industries Ltd. develops and produces military and commercial aerospace and defense systems worldwide. It provides space systems, including communication and observation satellites, launchers, ground stations and systems, and subsystems and components; and unmanned air systems comprising electro-optical payloads, inertial systems, maritime solutions, ground control and airborne systems, and data terminals. The company also offers defense systems; military aircraft and helicopters maintenance and upgrade services, including services for special mission aircraft, aero structures and wiring, training solutions and systems, operational support products and services, airborne sys...

Ben Gurion International Airport

Lod,  70100

Israel

Founded in 1953

Phone:

972 3 935 3111

Key Executives for Israel Aerospace Industries Ltd.

Chief Executive Officer and President
Age: 63
Chief Financial Officer and Executive Vice President of Finance
Age: 44
Executive Vice President of Operations
President of Europe Operations
Executive Vice President of ELTA Systems Ltd. Group
Age: 61
Compensation as of Fiscal Year 2014.

Israel Aerospace Industries Ltd. Key Developments

Israel Aerospace Industries and Alpha Design Technologies Sign Teaming Agreement for the Production of Mini-Unmanned Aerial Systems

Israel Aerospace Industries and Alpha Design Technologies signed a teaming agreement for the production and marketing of mini-Unmanned Aerial Systems (UAS) in India. The IAI-Alpha cooperation includes IAI's Bird-Eye 400 and Bird-Eye 650 mini UAS as well as other mini-unmanned aerial systems, to accommodate the operational needs of Indian customers. Production of the systems will take place in India, while the marketing will be a joint effort of the two companies. Integration of additional applications and subsystems will be performed by Alpha in India with IAI's support.

Israel Aerospace Industries Introduces New Business-Jet Based Maritime Patrol Aircraft

Israel Aerospace Industries introduced the new generation ELI-3360 Maritime Patrol Aircraft (MPA) based on a modified Bombardier Global 5000 business-jet platform. Designed by IAI's ELTA Group to provide maritime domain situational awareness and maritime superiority, the new MPA provides the most sophisticated surveillance, reconnaissance and armament systems to be installed on a business-jet to date. The system incorporates the advanced ELTA ELM-2022 Maritime Patrol Radar, an electro-optical sensor, the ELL-8385 ESM/ELINT system, and a comprehensive communications suite comprising radios, broadband SATCOM and data-links as well as advanced Electronic Warfare (EW) and self-protection Suite. The integrated multi-mission Command and Control Suite includes multi-purpose operator workstations and a weapon and stores management system which controls the under-wing weapons that may include torpedoes and anti-ship missiles for Anti-Submarine Warfare (ASW) and Anti Surface Warfare (ASuW) as well as dispensable Search and Rescue (SAR) stores. The new generation ELI-3360 joins IAI's series of Special Mission Aircraft (SMA), and is based on IAI's 30 years of experience in supplying advanced maritime domain sensors and integrated systems to customers worldwide. IAI's line of business-jet SMA includes the operationally proven Gulfstream G550 Conformal Airborne Early Warning (CAEW), and the G-V Signal Intelligence Aircraft (SEMA) - the business-jet based mission aircraft. Since IAI's pioneering conception of business-jet SMA, the SMA market has moved steadily over the past decade towards cost-effective business jets. High endurance, speed, range and multi-mission versatility of such SMAs is unmatched by large commercial transport aircraft or turbo-props.

IAI to Supply Up to 100 Additional RAM MK3 to Military Customers in Africa

Israel Aerospace Industries (IAI) has received orders from two military customers in Africa to supply nearly 100 additional RAM MK3 Light Armored Vehicles. All the vehicles will be produced at IAI-Ramta's Division facilities in Israel. Delivery is taking place these days and will continue throughout 2015. The new RAM Mk3 Light Armored Vehicles are slated to join previously supplied RAMs for deployment in military and peace-keeping missions. All RAM MK3 vehicles have a proprietary monocoque hull constructed from armored steel to withstand a customer defined range of ballistic and mine threats. The vehicles are powered by an air-cooled turbocharged diesel engine that provides optimal power-to-weight ratio for extreme cross country mobility. Oversized 12.5 x 20 inches tires on run-flat wheels compliment this power ratio to deliver agility, excellent ground clearance and reliable operation on and off-road, with the ability to travel over long distances at normal speeds, even with punctured tires.

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