Israel Aerospace Industries

Israel names IAI CEO Boaz Levy Chairman in first for state-owned defense company

Defense Minister Israel Katz and Minister in charge of the Government Companies Authority Dudi Amsalem signed the official appointment letter on May 13.

Boaz Levy ,President & CEO, Israel Aerospace Industries
The logo of state-owned Israel Aerospace Industries (IAI), the country's biggest defence contractor, is seen at their offices next to Ben Gurion International airport, near Or Yehuda, Israel February 27, 2017.

Israel Aerospace Industries to merge with Green Pine radar developer Elta Systems

Aerial view of the Technion Israel Institute of Technology.

Technion launches new aerospace prize to honor legends and trailblazers

 Arrow air defense system

Israel approves increased production of Arrow missile interceptors for second time this year


Israel suggests Arrow defense for US 'Golden Dome' initiative

Israeli defense officials see an opportunity to strengthen their long-standing missile defense collaboration with the United States.

 Boaz Levy, CEO of Israel Aerospace Industries (IAI)

Israel's new 'Gabriel 5' sea-to-sea missile makes first navy test debut

"The operational test launch was a remarkable success and provides the Israeli Navy with greater operational freedom," said Brig.-Gen. Almakias.

  IDF runs successful tests on new naval Iron Dome system on May 29, 2023.

'Israel must lead technologically'; says Israel Aerospace Industries CEO Boaz Levy

IAI CEO Boaz Levy briefed committee members on the company’s extensive efforts since the outbreak of the war on October 7.

 “The finest minds are here, driven by Zionism and a daily sense of mission."

Slovakia to purchase Israel's Barak MX air defense system for €560 million

The Israeli-manufactured air defense system will be sold to Slovakia to add to its defense infrastructure.

 Barak MX Launcher

First Israeli-built quantum computer now in operation

First Israeli superconductor-based quantum computer supporting defense and civilian applications is now operational.

 Illustrative image of a circuit board

German navy successfully tests Israeli BlueWhale drone sub as Baltic risks escalate

The evaluation was conducted in the Baltic Sea by a 5.5-ton submarine equipped with a telescopic mast with radar and electro-optic systems.

 The autonomous unmanned BlueWhale submarine.

Amir Peretz leaves IAI leadership role after near-decade of contributions

Peretz bolstered IAI’s presence by establishing a visitors’ center in Washington, DC, and launching a new center for technological innovation; fostering American youth’s interest in aerospace. 

 Amir Peretz and IAI CEO Boaz Levy. March 14, 2023.

IAI net income spikes by 74% to $416m.

Israel Aerospace Industries reports record-breaking performance with $416 million in net income and a $25 billion order backlog in 2024's first nine months.


IAI and Azerbaijan’s IDDA highlight sustainable innovation at COP29

IAI is an aerospace and defense company and is one of Israel's largest technology employers. IDDA is an initiative from the Azerbaijani Ministry of Digital Development and Transport. 

 IAI representative Dani Paslev presents at COP29 in Baku, Azerbaijan on November 16.

 Israel Aerospace Industries Launches- IAI Catalyst

The first Accelerator program in IAI’s US Innovation Center.