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IAI Consolidates Civil Activities into +US$1 Billion Commercial Aviation Group
Israel Aerospace Industries (IAI) is strengthening its commercial aviation activities by forming a single, business-oriented group that unifies six business lines currently distributed in different corporate activities. The new structure is likely to focus IAI's activities to meet the unique challenges and opportunities of the commercial aviation market. The transformation is implemented at a time in which many countries bring home their manufacturing operations and are fighting aggressively for market shares, challenging IAI to sharpen its offering in defense and commercial aviation alike.