IAI Prepares For Long-Delayed ‘Year Of The IPO’

Blue Spear anti-ship cruise missile
At the Singapore Airshow, IAI featured the Blue Spear anti-ship cruise missile.
Credit: IAI
A $1 billion payday is still expected for Israel Aerospace Industries (IAI) this year, but the proceeds from an initial public offering of a minority ownership stake will not lead to major changes in the state-owned company’s product strategy, CEO Boaz Levy tells Aviation Week in an exclusive...

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