Israel Aerospace Industries and Sierra Nevada Corp. have partnered to jointly develop an unmanned aircraft system with vertical takeoff-and-landing features. The partnership seeks to offer a tactical VTOL UAS to the U.S. defense market as both companies have observed a demand for unmanned aerial platforms that can support military air operations, IAI said Tuesday. The joint […] More

Joseph Weiss, president and CEO of Israel Aerospace Industries for nearly six years, has informed IAI’s board of directors that he intends to retire from his dual-role once the company finds a successor. IAI said Thursday it will form a committee to find the aerospace technology firm’s next CEO. Weiss joined the company in 1998 after he spent 27 […] More

Israel Aerospace Industries launched a new drone detection, identification and disruption system at the Seoul International Aerospace and Defense Exhibition in October in efforts to address the potential threat of drones. The company said Oct. 19 that Drone Guard features three-dimensional radars, electro-optical sensors and electronic attack jamming systems made by IAI subsidiary ELTA Systems to identify and disrupt enemy drones. “We believe that […] More

Thales and Israel Aerospace Industries have completed a flight test of an IAI-built unmanned aerial vehicle following the installation of a data link component and Elisra“™s antennas and radio frequency-based modules on board the UAV. Thales said Tuesday the TMA 6000 data link aboard the Heron Medium-Altitude Long-Endurance UAV is designed to transmit daylight and […] More

Israel Aerospace Industries and Firefly Aerospace have teamed up to create a scientific payload delivery platform for NASA's Commercial Lunar Payload Services program. Firefly said Tuesday the partnership intends to base its CLPS technology offering on the robotic Beresheet spacecraft, co-developed by IAI and SpaceIL.

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Approximately 50 percent of work that will result from U.S. missile defense funds for Israel will go to U.S. companies, Defense News reported Thursday. Barbara Opall-Rome writes Boeing and Raytheon as well as their U.S. subcontractors and suppliers will receive half of the production funds to support work for the Iron Dome, David“™s Sling and Arrow missile defense programs […] More

Lockheed Martin has kicked off a process to align the four structural components of an F-35 variant for the Israeli air force at the company’s electronic mate and assembly station in Fort Worth, Texas. The company said Sunday it is scheduled to complete assembly on Israel’s first F-35A conventional takeoff and landing aircraft in June and deliver the […] More

Lockheed Martin has awarded approximately $770 million worth of contracts to Israel-based companies to perform work related to Israel’s purchase of F-35 fighter aircraft, Defense News reported Sunday. Barbara Opall-Rome writes Israel’s defense ministry announced that Elbit Systems and Israel Aerospace Industries were among the Israeli firms that received the largest share of contract work […] More

Boeing and Israel Aerospace Industries have developed a new interceptor missile intending to help update Israel’s national ballistic missile defense system. Along with helping build the Arrow 3 missile, Boeing provides several interceptor components for the in-service Arrow 2 with IAI acting as prime contractor for the Arrow program, Boeing said Monday. IAI is responsible […] More

Israel Aerospace Industries has received a multi-year, multi-million-dollar contract from the U.S. Department of Defense to develop prototypes of a hybrid version of an IAI-built missile.  The Point Blank missile’s ROC-X version will be designed to meet specific DOD requirements with the purpose of enhancing the organic precision strike lethality and survivability of small tactical teams, […] More

Lockheed Martin and Israel Aerospace Industries are looking into prospective research, production and marketing opportunities under a memorandum of understanding for collaborative development of integrated air and missile defense systems.  The new partnership will create an executive steering committee and groups designated to oversee the coordination and implementation of the agreement, IAI announced Tuesday.  “Combining […] More

A Fortune Business Insights report estimates that the global military drone market will grow to $23.78B by 2027 at a 12.12 percent compound annual growth rate partly driven by the increase in military spending in major world economies.

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