Record results for Israel Aerospace Industries, but its biggest client isn’t paying for the Arrow
Israel Aerospace Industries (IAI) is recording an all-time high in its order backlog and net profit. The backlog of the manufacturer of the Arrow, Heron drones, and Ofek satellites stood at $35 billion at the end of the second quarter of 2026, a surge of more than 35% within a year. Net profit in the…
