Tag Archive

IAI’s sales fall in ’09

By Saurabh Joshi

Israel Aerospace Industries has seen a fall in sales in 2009 from 2008 and has attributed this drop to the economic crisis affecting the company's commercial aviation business. »

Germany to lease Israeli drones for Afghan Ops

By Saurabh Joshi

The German Army is to deploy the Israeli Heron UAV to increase their ISR capabilities in Afghanistan. »

Russia, US, Iran, Indian Muslims to blame for Israeli IAI MRSAM deal row: Report

By Saurabh Joshi

Quoting Israeli defense officials, a Jerusalem Post report has blamed the controversy over the $1.4 billion Medium Range Surface to Air Missile (MRSAM) contract awarded to Israel Aerospace Industries (IAI) on Russian and US defense companies, Muslims in India and has speculated on the involvement of Iran as well, in attempting to scuttle the... »

IAI denies wrongdoing in MRSAM deal

By Saurabh Joshi

The allegations of impropriety raised against the $1.4 billion Medium Range Surface-to-Air Missiles contract with Israel Aerospace Industries have elicited a response from the IAI, which has come out with a guarded denial to these allegations by issuing a statement without naming any specific contract, customer or country. »

Release: Israel Aerospace Industries Financial Report ’08

By Saurabh Joshi

• Sales in 2008 reach $3.6 billion, compared to $3.3 billion in 2007, an increase of 9 percent • $91 million net profit in 2008, compared to $118 million in 2007, a decrease of 23 percent • Profit before early retirement expenses reaches $195 million, compared to $157 million in 2007, an increase of 24 percent • Backlog as of December... »

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