Israel Aerospace Industries posts record profits
Net profit jumped 45% to about $712 million; annual sales rose 21% to $7.4 billion, compared with $6.1 billion in the same period last year.
Net profit jumped 45% to about $712 million; annual sales rose 21% to $7.4 billion, compared with $6.1 billion in the same period last year.

The IAI has successfully completed a series of demonstrations for an innovative security system designed to protect Israel's borders, incorporating autonomous systems and integrated offensive capabilities.

Defense Ministry and Aerospace Industries launch new satelךite from Palmachim base. Some worry over early indications of malfunctions.
