:

IAI Posts 3rd Quarter Results

DDN

Tuesday, November 25th, 2008

SHARE:

Israel Aerospace Industries (IAI) last week released third quarter financial results showing $877 million in quarterly sales, up 10 percent from the same period last year, and a backlog standing at $7.44 billion. Nine-month sales for the period ending Sept. 30 reached $2.8 billion and were up 17 percent compared to the same stretch in 2007. Sales to the civil market accounted for 40 percent. "Despite the slowdown in the international civil aviation market and the difficulties still ahead, IAI…

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]