Tag: 2008 Financial Report

Release: Israel Aerospace Industries Financial Report ’08

• 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 31, 2008, reach $7.1 billion, reflecting two years worth of sales

• Cash flow from current projects reaches $123 million