Iai

Israel Aerospace Industries (IAI) has successfully completed the maiden flight of an Airbus A330-300 converted from a passenger plane to a freighter. This milestone marks the expansion of IAI's conversion operations into wide-body Airbus aircraft.

The German Navy successfully conducted a test firing of the LORA ballistic missile manufactured by IAI. The test, held in the Atlantic, paves the way for the acquisition of the system for long-range strikes.

A new deadlock in the Israel Aerospace Industries (IAI) IPO process could lead to the company ceasing to be a reporting corporation. If the confidentiality of sensitive security information is not resolved by December 1, the Securities Authority may struggle to approve a new bond issuance.

Israel and Greece have signed the 3 billion euro "Achilles Shield" deal. Rafael and IAI will establish a multi-layered air defense system for Greece to counter a wide range of threats.

Nigeria's NIGCOMSAT is set to purchase two communications satellites from IAI and Thales. The total value of the deals is estimated to reach approximately $2 billion.

Alongside new records in business activity, Israel Aerospace Industries (IAI) is dealing with increasing pressure on its cash flow, primarily due to a 5 billion shekel debt from the Ministry of Defense.

Israel Aerospace Industries (IAI) concludes the second quarter and the first half of 2026 with the highest results in its history. Net profit for the half-year jumped to $449 million, and sales reached $4.275 billion.

The Israeli government is actively shaping the boards of directors of leading defense companies, such as IAI and Rafael, as they prepare for IPOs. These appointments are accompanied by intense political maneuvering.

Globes has learned that against the backdrop of a sharp increase in defense sales abroad and struggles over mega-tenders, Ministry of Defense Director General Amir Baram has established an ethical code for local industries. Among the requirements: avoiding defamation, maintaining intellectual property, and presenting reliable technology.

The Association of Public Companies opposes the intention to list the two defense companies on the US stock exchange. CEO Ilan Plato: "The public must be a partner in the success."