Israel Aerospace Industries

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Lockheed, IAI Team Up to Pursue Missile Defense-Related Opportunities; Tim Cahill Quoted

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

by Carol Collins July 7, 2021, 12:01 pm
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Report: Global Military Drone Market to Reach $24B by 2027

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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by Matthew Nelson November 12, 2020, 9:14 am
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Firefly Aerospace, IAI Partner to Develop Lunar Lander Tech Offering for NASA Program
in News, Technology

Techstars, Starburst Unveil Accelerator Program for Space Tech Startups

Techstars and Starburst have launched a new accelerator program that seeks to help startups developing space-based technologies and other related platforms. Matt Kozlov, former head of the Cedars Sinai Accelerator, will serve as managing director of the Los Angeles-based Techstars Starburst Space Accelerator program, Techstars said Tuesday.

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by Jane Edwards February 13, 2019, 12:52 am
in C4ISR, News

Sierra Nevada, Israel Aerospace Industries Plan Joint VOTL UAS Offering for US Market

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

by Nichols Martin July 23, 2018, 2:08 am
in Industry News, News

Research and Markets: Military Aircraft Modernization Efforts to Help Drive Targeting Pod Market Growth

A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, Research Markets said Thursday. Lockheed Martin, L3 […] More

by Scott Nicholas January 26, 2018, 1:36 am
in News

Joseph Weiss to Retire as Israel Aerospace Industries President, CEO

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

by Neel Mehta December 29, 2017, 12:00 am
in C4ISR, News

Air Force Taps ELTA North America to Provide Stratcom Counter-UAS Equipment

An Israel Aerospace Industries subsidiary has secured a potential $39.3 million contract from the U.S. Air Force to provide counter-unmanned aerial system supplies to the U.S. Strategic Command. ELTA North America will deliver the counter-UAS equipment in support of Stratcom’s joint emergent operational requirements, the Defense Department said Wednesday. Contract work is scheduled to be completed by […] More

by Joanna Crews November 27, 2017, 5:44 am
in C4ISR, News

IAI Subsidiary Delivers 3D Air Defense Radar Tech to NATO Member Country
in C4ISR, News

IAI to Produce Radars for Canada’s Maritime Patrol Aircraft

Airbus Group‘ defense and space business has awarded Israel Aerospace Industries a contract to supply multimode radar systems for integration into Canada’s future maritime surveillance aircraft. The Canadian government ordered 16 C295 MSA units from Airbus that will be equipped with ELM-2022A radars from IAI’s ELTA Systems subsidiary, IAI said Monday. ELM-2022 works to detect, track, classify and identify maritime […] More

by Joanna Crews October 24, 2017, 10:25 am
in Industry News, News

IAI-Hankuk JV to Offer UAVs in South Korea

Israel Aerospace Industries and South Korea-based composites manufacturing firm Hankuk Carbon have formed a joint venture with the goal to develop and produce unmanned aerial vehicles. Korea Aviation Technologies will specifically offer vertical takeoff-and-landing UAVs to the South Korean military and civilian sectors, IAI said Tuesday. KAT aims to build platforms with a maximum take-off weight of 600 […] More

by Nichols Martin October 20, 2017, 12:42 am
in News, Products & Service

IAI Demos Unmanned Helicopter Concept for Battlefield Logistics

Israel Aerospace Industries has demonstrated an unmanned helicopter proof of concept the company designed to simplify air and land battlefield supply logistics processes during a warfare mission. Air Hopper performed two simulated scenarios, including one wherein the platform transported a wounded soldier to an extraction point for treatment, during the POC demonstration, IAI said Monday. For […] More

by Scott Nicholas October 3, 2017, 8:28 am