With president and CEO Joseph Weiss completing his first year in office, IAI has a relatively new cadre of top management executives, but remains focused on the development of new systems and technologies to face future challenges. A key element of the company’s strategy for sustained growth and development is cooperation with its customers, with governments and with other companies, both at home and overseas.
During the last year IAI (Chalet A206, Static B37 & B40) has maintained its performance. “We have enjoyed considerable success in several high-profile programs,” reported Weiss to AIN just before the Paris Air Show, “which include successful first fly-out of our Arrow 3 exo-atmospheric interceptor, the launch of a new communication satellite program and certification of our G280 executive jet [with Gulfstream]. On the business front, earlier this year we had a very successful issue of bonds through the Tel Aviv stock exchange.”
