Israel Approves Defense Merger for IAI and Elta

Israel's Government Companies Authority has approved the merger of Israel Aerospace Industries (IAI) and Elta, ahead of a potential 100 billion shekel IPO for IAI.

7 Jul, 12:26 — 7 Jul, 12:26

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jerusalem-postMostly Factual1d ago

Israel approves defense merger for Israel Aerospace Industries, Elta ahead of massive IPO

According to the Government Companies Authority's valuations, IAI could be listed at a valuation of 100 billion shekels, following a surge in 2025 sales to 7.8 billion dollars.

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Israel Approves Defense Merger for IAI and Elta

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Israel approves defense merger for Israel Aerospace Industries, Elta ahead of massive IPO

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