Israel Aerospace Industries
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.
| Company type | Government-owned corporation |
|---|---|
Traded as | TASE: ARSP.B1 |
| Industry | Aviation, Defense |
| Predecessor | Bedek Aviation Company |
| Founded | 1953 |
| Founder | Al Schwimmer Shimon Peres |
| Headquarters | Lod , |
Key people | Boaz Levy (CEO) |
| Products | Military weapons and equipment |
| Services | Aircraft maintenance Aircraft upgrade |
| Revenue | US$4.973 billion (2022) |
| US$797 million (2022) | |
Net income | US$213 million (2022) |
Number of employees | 15,000 |
| Divisions | Bedek Aviation Group Commercial Aircraft Group Military Aircraft Group Systems, Missiles & Space Group |
| Subsidiaries | ELTA Systems |
| Website | www |
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.