Tel-a-Viv. 12 November 2023. Israel Aerospace Industries (IAI) today announced that it has signed a further deal to supply air-defense systems, worth some $1.2 billion. The deal was brokered through Israel’s Ministry of Defense, and within its framework, IAI will be the Prime Contractor for the project. The air-defense system makes use of advanced technological capabilities, which have been operationally proven.
IAI President and CEO, Boaz Levy, said: “Due to the current “Iron Swords” operation, IAI finds itself in an accelerated mode to supply systems and solutions for Israel’s defense establishment, for all theaters of operation, whether sea, ground, air, or space, while at the same time, we continue to supply our customers around the world. The current deal joins a succession of recently signed contracts for air-defense systems, which strengthen the company’s standing as a world-leader in this field.”
