07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...
07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...
07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...
07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...
07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...
07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...
07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...
07 July 2023
by Marc Selinger
IAI's aerostructure products include wings for the Lockheed Martin F-35. (IAI)
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States to expand its aerostructures manufacturing footprint, according to a company official.
Such a transaction would complement the work IAI does in Israel for US defence contractors, including building wings for the Lockheed Martin F-35 and F-16 fighter jets and conformal fuel tanks for the Boeing F-15 fighter, said Amir Geva, IAI's executive vice-president for North America.
IAI's aerostructures customers are “very happy with what we [have] provided, so we do want to enlarge this activity”, Geva told Janes on 5 July. “And we do understand that in some cases, it would be better to do it in the US”, where local production is sometimes preferred.
A deal could be announced in late 2023 or early 2024, he said.
IAI's existing US presence includes missile business Stark Aerospace in Columbus, Mississippi; radar provider Elta North America in Annapolis Junction, Maryland, near Baltimore; and IAI North America's headquarters facility in Herndon, Virginia, near Washington, DC.
Israel Aerospace Industries (IAI) is exploring buying or investing in companies in the United States...