Professional Documents
Culture Documents
36883
36883
news
IAI Presents the Conformal Airborne Early Warning & Control (CAEW)
IAI will be located at Chalet #336
Barak 8: The Full Solution to the Broad Spectrum of Aerial and Missile Threats Improved Arrow Missile Destroys Target in Latest Test of the System IAIs 2008 Financial Report Please visit our website:
www.iai.co.il
HOME
NEXT PAGE
NEWS
Sales in 2008 reach $3.6 billion, compared to $3.3 billion in 2007, an increase of 9 percent
IAIs sales in 2008 reached $3.6 billion, as compared with $3.3 billion in 2007, an increase of 9 percent. 2008 net prot reached $91 million, compared to $118 million in 2007, a decrease of 23 percent. IAIs backlog as of December 31st, 2008, reached $7.1 billion, reecting two years worth of sales. Cash ow from current projects reached $123 million. At the board meeting in which IAIs 2008 nancial gures were conrmed, Yair Shamir, Chairman of the Board, said: IAI grew in 2008 by 9 percent compared to last year, while 81 percent of company sales are to foreign customers. Sales to the civilian market make up 39 percent of total sales. Sales in the defense sector grew by 14 percent compared with a 1 percent growth in the civilian market. The decrease in civilian market sales in the fourth quarter reects the grave worldwide nancial crisis. To IAI, nancial strength, a wide product range, and diverse customers are key to helping the company stand rm during this worldwide economic rollercoaster. There are, of course, also business opportunities that may arise as a result of the current situation. Itzhak Nissan, IAIs President & CEO said: In 2008, IAIs operating prot totaled $195 million before expenditures on the early retirement of some of the workforce, in comparison with $157 million in 2007, an increase of 24 percent. We earned this prot despite the revaluation of the shekel in 2008 (which at one point was as low as 3.23 NIS to the US dollar) and the decrease in the interest rate. This prot is a result of the companys ongoing changes to its business practices. These changes include an overhaul in our pricing process, risk management, project reviews and chains of responsibility within IAI management, and an increase in efciency when it comes to acquisitions and interactions with our suppliers. Such changes will help the company face the current economic crisis and continue Itzhak Nissan: In 2008, IAIs operating prot totaled $195 million before expenditures on the early retirement of some of the workforce, in comparison with $157 million in 2007, an increase of 24 percent
PREVIOUS PAGE
IAIs President and CEO Itzhak Nissan Receives Manager of the Year Award from Israel Management Center
IAI is one of the driving
hi-tech forces behind Israels economy and is Israels leading industrial exporter. A signicant portion of its projects involve research and development. Exports make up 80% of its activity, and it has ties in 58 countries. So said Itzhak Nissan, President and CEO of IAI, upon receiving the Manager of the Year Award from the Israel Management Center, at a ceremony held on January 19th, 2009. This prestigious award is a measure of merit given to exemplary leaders of companies earning $50 million and above in the high-technology industry. As the judges of the competition wrote: Under the leadership of Nissan, Israel Aerospace Industries has put a strong emphasis on the development of new markets in Israel and worldwide, primarily through cooperative efforts with other companies, the establishment of joint ventures, and the creation of subsidiaries. Since his becoming President of the company, there has been a dramatic increase in all of IAIs business sectors. Overall, the growth of IAI has been an organic growth, despite the less favorable trade conditions due to the strengthening of the Israeli shekel in the last few years. Itzhak Nissan has now joined an impressive list of past recipients of this award, including Israel Makov, President of Teva, Yehudit and Yehuda Bronicki, Presidents of Ormat, Haim Shani, CEO of NICE, and Gil Shwed, President and CEO of Checkpoint. Nissan went on to say that the growth of IAI, as well as the varied technologies that it
to succeed in the future. The net prot in 2008 totaled $91 million. In 2008, IAI received $3.7 billion in new orders. IAI encourages new product development within its various divisions. The costs of such independent research and development have increased by 21 percent in comparison with last year. During 2008, IAI continued to demonstrate impressive technological achievements, including the successful launching of its TECSAR satellite and the Amos 3 communications satellite. In addition, the company is jointly developing a new G250 business jet with the American company, Gulfstream. Yair Shamir: IAI grew in 2008 by 9 percent compared to last year, while 81 percent of company sales are to foreign customers. Sales to the civilian market make up 39 percent of total sales. Sales in the defense sector grew by 14 percent compared with a 1 percent growth in the civilian market IAI continues to focus on the development of international cooperative endeavors and on a bigger presence in the worldwide market. As such, IAI and the Indian company TATA have agreed to create a joint company. An agreement has also been signed to set up a joint company with the Synergy Corporation in Brazil, and another joint venture has been created with the German company Rheinmetall AG. The company is preparing for a decrease in activity in the civilian market and is working on a number of other projects with increased efficiency and management attention, so as to minimize the impact of the global economic crisis.
From left to right: Mr. Shlomo Gradman, ASGs President and Founder, Mr. Itzhak Nissan, IAIs CEO & President, Professor Yitzhak Apeloig, President of the Technion - Israel Institute of Technology and Mrs. Pnina Shenhav, CEO of Israel Management Center
produces, enable IAI to offer its customers systems of systems and mega-projects, worth millions of dollars. We manage multiple projects worth as much as $15 billion. 5,000 IAI
scientists and engineers work on these projects. Nissan noted that IAI ranks among the top ve leading companies worldwide in its eld. The company must
Itzhak Nissan, President and CEO of Israel Aerospace Industries, Named Among Israels 10 Best Business Leaders for 2009
President and CEO of Israel Aerospace Industries (IAI), was named one of Israels 10 Best Business Leaders for 2009. The award is given by the leading business information company, Dun and Bradstreet-Israel. This is the fth consecutive year the award has been given to the leaders who make up the economic and business core of Israel.
From right to left: Shlomo Yanai - President & CEO TEVA Pharmaceutical Industries, Elisha Yanay - Senior VP Motorola Inc., President & General Manager Motorola Israel, Avi Fisher - President Clal Industries & Investments Ltd, a subsidiary of IDB Holding Corporation Ltd., Michael Federmann - President & CEO Federmann Enterprises, Reuven Kuvent - General Manager of Dun and Bradstreet Israel, David Azrieli - Owner of the Azrieli Group, Menachem Einan - President Azrieli Group, Itzhak Nissan - President and CEO, Israel Aerospace Industries, David Avner - CEO Partner Communications Company, Boaz Chechik - CEO, CAL - Israel Credit Card, Ltd.
HOME
NEXT PAGE
PREVIOUS PAGE
HOME
NEXT PAGE
ARROW
excel in all its projects in order to continue to grow and to overcome the current global nancial crisis. Between 2006 and 2008 there has been a dramatic increase in all of IAIs business sectors - in sales, in prot, in the amount of orders, and in research and development. Net prot before taxes in the years 2006 and 2007 and in the rst three quarters of 2008 was $443 million. In the 12 quarters leading up to September 2008, the company
grew an average of 19% annually, with a considerable growth in prots. The growth rate of IAIs net prot reached an average of 51%. To mitigate the impact of the global nancial crisis, in recent months, Nissan acted to implement a renewed focus on the cash ow, to sharpen business focus, and to target the competition. We are entering 2009 better prepared for the new business environment, in Israel and abroad, and we are
ready to employ the personnel necessary to increase and strengthen output, Nissan said. The young people who join our company will benet from our wide-ranging efforts regarding research and development. The professional, focused board of directors led by Mr. Yair Shamir, the workers, and the executives all make an important contribution to the accomplishments of IAI, and I feel a great privilege to lead such a company, concluded Nissan.
April 2009, and destroyed the target missile which simulated a number of challenging future threats. This is the seventeenth Arrow intercept test, and the eleventh as part of the Arrow System Improvement Program (ASIP), involving collaboration between Israel and the United States. The target missile simulated a number of challenging future threats. The target trajectory simulated an operational scenario and all the weapons system assemblies performed accordingly. After launch of the target, the weapon system began operation. The Fire Control Radar (FCR) acquired the target, sending data to Battle Management Command and Control (BMC). A defensive intercept plan was issued and the ring command was sent to
Heron UAV
IAIs Heron UAV Takes Part in Channel 1 Independence Day Evening Broadcast
IAIs Heron Unmanned Aerial Vehicle (UAV)
was chosen to cover the special Independence Day broadcasts for Israeli national televisions Channel 1, which airs a special broadcast each year on the eve of Independence Day. This years celebrations, on Israels 61st Independence Day, were broadcast from the Air Force base at Tel Nof, and were hosted by Yehoram Gaon and attended by the Israel Air Force (IAF) Commander-in-Chief, General Ido Nehoshtan. The show also featured well known Israeli artists. The Heron UAV transmitted both day and night images from the control station in realtime to the television broadcasting station, using an infrared night camera to image various sites in Israel, including Haifa, Tel Aviv, Jerusalem, and the celebrations at the Tel Nof base. The Heron UAV is a leading IAI product used by the IAF, and is used in all branches of the Israeli Defense Forces (IDF) - air, maritime, and land as well as by other armies around the world. The Heron weighs over one ton, an indication of IAIs ability to develop and produce a UAV
of this size; such a task requires the advanced technologies and professional experience that IAI has accumulated over the last four decades. The Heron can loiter for 48 hours, a revolutionary ability which allows for exibility and modularity in a variety of missions. The Herons ability to y at up to an altitude of 10 kilometers and integrate information from communication satellites (SATCOM) allows it to operate efciently at long distances.
PREVIOUS PAGE
HOME
NEXT PAGE
HOME
NEXT PAGE
IAI Features New Products at the 2009 International Paris Air Show
Barak-8 Anti Missile Defense System and Conformal Airborne Early Warning & Control (CAEW) Aircraft will be presented along with other advanced aerospace and defense solutions
Israel Aerospace Industries
(IAI) will present its advanced systems and products at the upcoming International Paris Air Show, June 15-21 at Le Bourget, France. IAIs President and CEO, Itzhak Nissan, said: In the rst quarter of 2009, IAI received new orders worth $2.2 billion. The company has many advanced technologies that give us an important competitive edge. We will continue to implement our globalization policy and to nance the development of new products made at IAI. IAI will feature its Conformal Airborne Early Warning & Control (CAEW) aircraft. The EL/W-2085 CAEW aircraft integrates radar, Identify Friend or Foe (IFF), Electronic Support Measures (ESM) and an integrated Self-Protection System (SPS). The G550 based CAEW includes a comprehensive communication suite
EL/M-2248 Multi-function Surveillance Track and Guidance Radars (MF-STAR) and EL/M-2258 Advanced Lightweight Phased Array Naval Radars (ALPHA). Additional ELTA solutions and products, including radars, various payloads, and Intelligence, Surveillance and reconnaissance (ISR) applications, address
Barak-8
The rst CAEW aircraft was delivered to the Israel Air Force in 2008 and fullls a variety of missions, including Early Warning and Air Combat Command and Control the rst time. In addition, MBT will exhibit the Barak-8 Air and Missile Defense (AMD) system, GRIFFIN-3 Next Generation Laser Guided Bomb (NGLGB) kit and LAHAT, a Network Centric Laser Guided Missile. TAMAM Division will present the Plug-In Optronic Payload (POP) family - POP300LR Observer, POP 300D Designator, Mini-POP, and Micro-POP, Multi-Mission Optronic Stabilized Payload- MOSP3000, and Navigation Inertial Measuring Units (NIMU) for both land and aerial missions.
Grifn-3
POP300LR
designed for Network Centric Operation (NCO) which insures extensive interoperability in any theatre. The rst CAEW aircraft was
PREVIOUS PAGE
HOME
NEXT PAGE
HOME
NEXT PAGE
BaraK-8
Barak 8: The Full Solution to the Broad Spectrum of Aerial and Missile Threats
The modern day battleeld poses numerous
challenges to companies specializing in defensive systems whether the threats emanate from air, naval, or land-based sources. As offensive systems become ever more advanced, higher in speed, more precise, and more powerful, the defensive response to these threats now requires the interception and elimination of the threat itself (i.e. missile) or platform launching the threat (i.e. ghter aircraft), thereby requiring that they be no less capable. The new generation Barak-8 Air and Missile Defense weapon system currently provides a complete solution to every type of airborne threat, whether that threat be from aircraft, tactical missiles, helicopters, or unmanned aerial vehicles. The system has two versions - maritime and land-based - each relying on an advanced, phased-array radar integrated with an advanced launch system containing smart missile interceptors, and a state-of-the-art command and control (C2) system, altogether providing full 360 coverage. Barak-8 is unique in that it has a built-in intelligence within the missile batterys C2 system. The C2 system can talk with other missile batteries, with external radars, and with air trafc control systems, creating an optimized scenario for detecting, engaging, and destroying the target. - How is this optimization manifested?
Israel Defense Minister Ehud Barak (left) and IAIs President & CEO Itzhak Nissan (right) examines a mockup of the Barak 8 missile developed at IAI as part of a future aerial and naval defense system
It is manifested by the threat being automatically neutralized through the most appropriate missile battery launching the missile. Especially impressive is that a radar connected to a given missile battery that may have detected the threat may not necessarily be part of the same battery that will respond to the threat. This allows us to maximize the systems capabilities and create the most optimal interception scenario. It should be noted that the advanced, digital, phased-array radar was specically developed by IAI Elta Systems, Ltd. - Is the system capable of neutralizing every missile that is launched?
The system is designed from the start to intercept planes and tactical missiles such as air-toground missiles and naval anti-ship missiles. The Barak-8 is based on advanced concepts of defense system architecture, including advanced seekers, warheads, high performance maneuvering capabilities, and the ability to be optimally controlled. The missile can receive and process continuous updates on the position and ight trajectory of the target, and use these updates to adjust its own ight to best intercept and destroy the target. The unique missile propulsion system allows the missile to maintain energy, even after it has been airborne for an extended time, and reserve sufcient energy for the end-game or the targets nal engagement and hit. It must be remembered that the enemy missile is also trying to maneuver and evade the Barak-8. The battleeld does not only have one or two threats that the Barak-8 must neutralize; in fact, there are a wide range of threats, coming from all directions and creating a number of potential targets, including our own forces airplanes. - How does the system discern all these targets? Everything that was mentioned up until this point applies to any number of threats. Of course, no one battery, no matter how sophisticated, will be able to deal with dozens of missiles simultaneously. Integration and network coordination of resources creates synergy among the batteries and helps to successfully deal with a battleeld
PREVIOUS PAGE
saturated with targets. For instance, within a given formation or eet of naval ships, each equipped with a Barak-8, they communicate with one another through the secure communication channels and data link within the integrated system. In an automated manner, the system knows how to optimally allocate targets throughout various batteries of the naval formation, and among the various batteries of the network; and eliminate every threat, be it missiles, planes, or helicopters. Similarly, land-based versions of the Barak-8 system can be easily and quickly deployed across tens of kilometers between the individually deployed batteries, and provide 360 coverage over the widest possible protected area against cruise missiles, airborne munitions launched from planes or ships, and other threats. - Can the Barak 8 talk to other systems, ones that arent produced by IAI? Absolutely. The system has the ability to interconnect with other systems and can thereby receive information on the threat from a wide variety of sources. - What stage is the system in currently? Its in its nal stages of development, to be completed in 2010-2011. IAI already has customers for both the maritime and the land-based defense systems.
Barak-8 is unique in that it has a built-in intelligence within the missile batterys C2 system. The C2 system can talk with other missile batteries, with external radars, and with air trafc control systems, creating an optimized scenario for detecting, engaging, and destroying the target
The President of the State of Israel, Shimon Peres, observes a Barak 8 weapon system made by IAI, and receives explanations from IAIs President & CEO, Itzhak Nissan
PREVIOUS PAGE
HOME
NEXT PAGE
HOME
NEXT PAGE
10
NEWS
11
section (RCS) targets from complex clutter and jamming environments. Both systems have high availability, low maintenance, and low life cycle costs. l Maritime Patrol Aircraft (MPA) EL/1-3360: The MPA is a multi-role airborne system designed to operate as a fast deployment asset to provide comprehensive situational awareness. The MPA utilizes a high-performance aircraft equipped with a powerful sensor suite and a mission system to integrate the sensor's data. An onboard Command and Control system processes intelligence and situational awareness information and transfers it to operational users. l SIGNIT/COMINT Suite - UAV Integrated Communication Intelligence (COMINT) EL/K7071: This system is designed to perform longrange, high-endurance COMINT missions. The EL/K-7071 can scan, intercept, measure, locate, analyze and disseminate intelligence reports, including real-time electronic order of battle. l UAV Integrated Electronic Support Measure (ESM) and ELINT System EL/L-8385: This system is designed to cope with the challenges of modern dense radar environments in longrange, high-endurance ESM/ELINT missions. ELTA will also present a Mobile Satellite Communication (SATCOM) Station. Additional IAI products and technologies on display at IMDEX Asia include: l TAMAM Division of the Missiles, Systems and Space Group will present part of their stabilized Plug-In Optronic Payload (POP) Family POP300LR Observer, Mini-POP and Multi-Mission Optronic Stabilized Payload - MOSP3000. Full details, including specications of various IAI products, can be obtained at the IAI exhibit at IMDEX ASIA 2009.
NEXT PAGE
CMMI best practices enable organizations to do the following: l More explicitly link management and engineering activities to their business objectives l Expand the scope of and visibility into the product life cycle and engineering activities to ensure that the product or service meets customer expectations l Incorporate lessons learned from additional areas of best practice (e.g., measurement, risk management, and supplier management) l Implement more robust high-maturity practices l Address additional organizational functions critical to their products and services MLM's commitment to achieving Level 5 CMMI rating stems from the benets it provides to the organization as well as to its customers who have come to expect this dedication to quality excellence. MLM has received numerous quality awards as well as other national and international certicates for quality, safety and environmental management standards.
IAIs Vice President of Finance Named CFO of 2008 by the Israeli Forum of Chief Financial Ofcers
Menashe Sagiv, Corporate Vice President of Finance of Israel Aerospace Industries Ltd. (IAI), was named Chief Financial Ofcer (CFO) of 2008 by the Israeli Forum of Chief Financial Ofcers. IAIs policy is that at any given moment, there are excess funds available to sustain the company for three months without other income. Managing these funds is a complex and challenging task. IAIs Finance Division started a business room responsible for investment portfolios, deposits, currency exchanges, and currency hedging, said Mr. Sagiv.
PREVIOUS PAGE
Menashe Sagiv, Corporate VP of Finance at IAI (left) is congratulated by Yair Shamir, Chairman of the Board of IAI (right) and Itzhak Nissan, President and CEO of IAI.
HOME
HOME
NEXT PAGE
12
IAI Worldwide
ISRAEL
Israel Aerospace In dus tries Ltd. Ben-Gurion In ter na tion al Airport 70100 ISRAEL Tel: (972)3-935-3343, 935-3000 Fax: (972)3-935-8278 Marketing: E-mail: yramati@iai.co.il Communication: E-mail: hpaz@iai.co.il
EUROPE France
EAT - European Advanced Technologies S.A. Tel: (33)1-46404747 Fax: (33)1-46404748 E-mail: samy.staroswiecki@iaieurope.com
Russia
USA
IAI North America Arlington, VA Tel: (1)703-875-3725 Fax: (1)703-875-3740, 875-3760 E-mail: urozzen@iaidc.com
Israel Aerospace Industries Ltd. CIS & Baltics Tel: (7)495-258-2837 Fax: (7)495-258-2838 E-mail: iairep@mhs.ru
ASIA India
Israel Aerospace Industries Ltd. Tel: (91)11-2-614-3103/4 Fax: (91)11-2-614-0177 E-mail: mail@iainewdelhi.com Bangalore Ofce: Tel: (91)80-4-115-1442 Fax: (91)80-4-115-1441 E-mail: mail@iaibangalore.com
Colombia
South Korea
Israel Aerospace Industries Ltd. Tel: (82)2-757-0421 Fax: (82)2-757-0431 E-mail: iaikorea@kornet.net
Ecuador
AUSTRALIA
IAI Lahav - Ocina en Ecuador Tel: (593)2-252-0989 Fax: (593)2-252-0967 E-mail: iailahav@uio.satnet.net
Israel Aerospace Industries Ltd. Tel: (61)2-6262-7300 Fax: (61)2-6262-7301 Email: iaia@tpgi.com.au
PREVIOUS PAGE
HOME
NEXT PAGE