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July 31, 2015 8:36 PM 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


Founded in 1953


972 3 935 3111

Key Executives for Israel Aerospace Industries Ltd.

Chief Executive Officer and President
Age: 64
Chief Financial Officer and Executive Vice President of Finance
Age: 45
Executive Vice President of Operations
President of Europe Operations
Executive Vice President of ELTA Systems Ltd. Group
Age: 62
Compensation as of Fiscal Year 2015.

Israel Aerospace Industries Ltd. Key Developments

Israel Aerospace Industries Ltd. Unveils Innovative Robot Container Management and Storage System for Seaports

Israel Aerospace Industries Ltd. unveiled an innovative robot container management and storage (RCMS) system for seaports. The system will facilitate more efficient management of storage space and operation of containers, with free and rapid access to each container before loading and unloading ships. The system is so far confined to simulation clips produced by IAI. Huge spaces currently taken up by containers in seaports will become available. The containers will be stored in multi-storey buildings to be built near the loading and unloading platforms, and will be removed from and returned to the building by the robot system operated from the command and control center. Loading and unloading of containers is performed simultaneously by an innovative robot system that saves significant personnel costs. The same work now done by hundreds of workers can be done more efficiently by just a few dozen - most of them operators sitting in the command and control room and maintenance staff. The IAI system recently won contracts from the European Union Horizon 2020 Framework Program for Research and Innovation to lead a consortium in partnership with various companies, seaports, and academic research institutes all over Europe for the purpose of promoting the venture. IAI believes that an initial prototype of the innovative facility will be built within 30 months at a European seaport. Components in the robot vehicles designed to transport the containers in the new system were developed in the framework of a different civilian robotics program at IAI - TaxiBot, designed for hauling passenger jets on the ground. This vehicle drags airplanes from where the passengers are collected on the terminal to the takeoff point, without the airplane operating its engines, which consumes large quantities of expensive jet fuel. Three TaxiBot vehicles are already used by German airline Lufthansa, after the system received a license for hauling narrow-body passenger airplanes last year. Work on building infrastructure for initial trials of the IAI Skytran elevated traffic system began today, based on magnetic hovering technology. It is believed that initial trials of the system will take place in 2016. These are civilian systems whose development IAI is based on technologies and know-how developed for defense purposes. Through these conversions, IAI hopes to expand its sales in the coming years in civilian markets.

Israel Aerospace Industries Ltd Expands Heron TP Capabilities by Integrating It with M-19HD EO Payload

Israel Aerospace Industries is enhancing its Heron TP UAV's capabilities with longrange persistent surveillance options and area dominance capabilities by integrating it with its high definition M 19HD EO payload, developed and produced by IAI's Tamam Division. The M19HD has successfully completed flight tests onboard manned and unmanned platforms, including the Heron 1 UAS and is currently being offered to various customers. The M19HD is a HighDefinition, multispectral, multisensor observation and targeting payload (which can simultaneously incorporate up to seven sensors). The M19HD enables continuous day/night surveillance under all weather conditions and provides outstanding acquisition ranges due to its powerful sensors, high stabilization and unique image processing capabilities. The M19HD reduces operator workload and improves situational awareness by virtue of its multimode automatic video tracker (AVT). It also provides accurate geolocation capabilities using an embedded IMU/GPS (Inertial Measurement Unit/Global Positioning System).

Israel Aerospace Industries Unveils Upgraded 'Suicide' Drone

Israel Aerospace Industries Ltd. unveiled an upgraded 'suicide' unmanned aerial vehicle (UAV) capable of staying in the air for six hours and flying for long distances. The new UAV, one of the Harop series, was revealed at the end of a series of operational tests conducted in recent months, in which it demonstrated its observational capabilities, its maneuvering capabilities, and its ability to destroy its targets. The UAV, which carries explosives, can be launched from either land-based or naval systems. It can also be launched far from its target without revealing the UAV or the region from which it was launched. The drone is equipped with a day and night sensor that enables its operators to accurately seek out stationary or mobile land-based or naval targets at long range, locate them, and attack them. The Harop carries a 15-kilogram warhead. The battery that operates the UAV contains three command and control trailer vehicles used to communicate with the suicide UAV. One of the most prominent features of the upgraded version is its ability to halt an attack after being launched on a mission, if harm to civilians is feared.

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