Sign In
Search
Business/Financial

Earnings Tumble Despite Sales Increase For IAI In Fourth Quarter

DDN
SHARE:

Israel Aerospace Industries (IAI) yesterday reported a steep decline in fourth quarter profits despite strong growth in sales. Net income in the quarter fell 66 percent to $19 million from $56 million a year ago largely due to a revaluation of Israeli Shekels in terms of United States dollars, a 4 percent dip in gross operating margins and higher research and development and other expenses. Sales in the quarter increased 13 percent to $916 million from $813 million a year…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Intelligence Community

ONCD Intelligence Lead Warns of AI Accelerating Cyber Attacks

Cyber

NRO Official Details New Cyber Office With $250 Million Budget

Air Force

ULA To Bring Payload Fairing Manufacturing for Vulcan In-House

Business/Financial

LeoLabs Up For $150 Million Loan From DoD To Expand Space Domain Awareness Network

Trending

U.S. Space Force Cislunar Space System Under Consideration
DoD Taking Equity Stake In Drone Manufacturer Neros With Planned $450 Million Loan
Defense Watch: BAE Deck Launcher, SSN-788, Swedish Saildrone, XQ-57A, Leidos Dividend
HII Says Frigate On Schedule To Be In Water By 2028 If Contract By Early FY ’27
Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment

Congress Updates

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

Air Force

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume