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Israel Aerospace Industries information


Israel Aerospace Industries Ltd.
Company typeGovernment-owned corporation
Traded as
TASE: ARSP.B1
IndustryAviation, Defense
PredecessorBedek Aviation Company
Founded1953; 71 years ago (1953)
FounderAl Schwimmer
Shimon Peres
Headquarters
Lod
,
Israel
Key people
Boaz Levy (CEO)
ProductsMilitary weapons and equipment
ServicesAircraft maintenance
Aircraft upgrade
RevenueIncrease US$4.973 billion (2022)
Operating income
Increase US$797 million (2022)
Net income
Increase US$213 million (2022)
Number of employees
15,000
DivisionsBedek Aviation Group
Commercial Aircraft Group
Military Aircraft Group
Systems, Missiles & Space Group
SubsidiariesELTA Systems
Websitewww.iai.co.il

Israel Aerospace Industries (Hebrew: התעשייה האווירית לישראל, romanized: ha-ta'asiya ha-avirit le-yisra'el), is Israel's major aerospace and aviation manufacturer, producing aerial and astronautic systems for both military and civilian usage. It has 14,000 employees as of 2021. IAI is state-owned by the government of Israel.

IAI designs, develops, produces and maintains civil aircraft, drones, fighter aircraft, missile, avionics, and space-based systems.

IAI's main focus is engineering, aviation and high-tech electronics, though it also manufactures military systems for ground and naval forces. Many of these products are centered on the core needs of the Israel Defense Forces (IDF). Other offerings are marketed to numerous foreign militaries.

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