:

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

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]