May 22, 2018 3:03 AM ET

Aerospace and Defense

Company Overview of Israel Aerospace Industries Ltd.

Company Overview

Israel Aerospace Industries Ltd. develops and manufactures military and commercial aerospace and defense systems worldwide. It provides space systems, including communication and observation satellites, satellite launchers, command and control stations, subsystems and components, and satellites attitude control, as well as other solutions; and unmanned air systems, UAS maritime solutions, training solutions, terrain dominance solutions, and inertial systems. The company also offers theater defense systems; military aircraft and helicopters maintenance and upgrade services; weapons and management systems to the navy; maintenance, repair, and overhaul services for aircraft, engines, and compon...

Ben Gurion International Airport

Lod,  70100

Israel

Founded in 1953

Phone:

972 3 935 3111

Key Executives for Israel Aerospace Industries Ltd.

President & CEO
Age: 66
Executive VP of Finance & CFO
Age: 47
Executive Vice President of Operations
Executive VP & General Counsel
Executive VP of Bedek Aviation Group & GM of the Bedek Group
Compensation as of Fiscal Year 2017.

Israel Aerospace Industries Ltd. Key Developments

Israel Aerospace Mulls Floating

Israel Aerospace Industries Ltd. intends to pursue a listing. The Government Companies Authority is promoting a new plan for a public offering of a minority of the shares in Israel Aerospace Industries Ltd. (IAI), and seeks thereby to garner $4.5 billion for the state, "Globes" has learned. The move is being led by Government Companies Authority Director Yaakov (Yanki) Quint, and according to sources close to the process, a plan to float 40% of IAI at a company valuation of NIS 11 billion will be presented to Minister of Finance Moshe Kahlon and Minister of Defense Avigdor Liberman within the next few weeks. The Ministry of Finance commented that "the move is in the initial stages and no plan has yet been drawn up; when it is, in cooperation with the company and the professional officials at the Ministry of Defense, it will be presented to the ministers."

Israel Aerospace Industries Ltd. Presents at Cybertech Tel Aviv 2018, Jan-29-2018 through Jan-31-2018

Israel Aerospace Industries Ltd. Presents at Cybertech Tel Aviv 2018, Jan-29-2018 through Jan-31-2018. Venue: Pavilion 2, Tel Aviv convention center, 101 Rokach Blvd, Tel Aviv, Israel. Presentation Date & Speakers: Jan-30-2018, Assaf Tamir, Head of Innovation at Bedek Aviation, Esti Peshin, General Manager, Cyber Division, Oded Blatman, Director of Cyber & Information Security.

Israel Aerospace Industries Ltd. Announces Retirement of Joseph Weiss as CEO

Israel Aerospace Industries Ltd. announced that CEO Joseph Weiss intends to retire at the end of his six year term. Weiss will reach retirement age in the coming few months.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 27, 2017
INPEDIO BV
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