With the global arms market peaking and demand from the Israel Defense Forces expected to surge, state-owned IAI lost 13% of its workforce in a single stroke.
Israel Aerospace Industries (IAI) has linked up with Aerotor to propose a large, VTOL uncrewed aircraft system (UAS) to perform a range of military roles.
Large spans of water and a lack of strategic depth in some countries make airborne early warning assets a valuable commodity for air forces in the region.
Israeli officials did not confirm the source of the ballistic missile attack, but the location and direction suggests it may have come from the Houthi-controlled Yemen.