SUBJECT-0101.dossier · company · status: active
Israel Aerospace Industries (IAI) I(
subject of file

Israel Aerospace Industries (IAI)

Israeli state defence company; drone and missile systems
Tracked because Israeli state defence company; drone and missile systems · 22 documented connections
Editorial summary · AI-drafted from public records

State-owned Israeli aerospace and defence company. Developer of Heron and Harop drone systems deployed globally. IAI technology has appeared in conflict zones where Palantir targeting systems have also been documented. Part of the Israeli defence-intelligence ecosystem that intersects with the network's Israeli operations.

Facts on record74
Connections mapped22
Sources cited28
Evidence: 13P+5 20S+12 41I+33
Stated vs Revealed
No documented contradictions on file.
[PUBLIC COST ESTIMATE]
Documented financial relationships span 0 money flow chains, while 8 elected officials hold documented connections.
0Money Chains
0Traced Hops
Connected Officials
Calculation Methodology

Contract values are summed from documented money flow chains where this entity appears as a source or destination node. Amounts are drawn from USASpending.gov, FEC filings, SEC EDGAR, or LD-2 lobbying registrations.

Donor contributions aggregate documented amounts from the donor_interests table, sourced from FEC individual and PAC contribution filings.

Connected officials are elected officials in our database with a mapped relationship (lobbying, board membership, campaign contribution, etc.) to this entity.

Annualised flow represents the total documented dollar amount traced through money flow hops involving this entity. Where hop-level amounts are unavailable, the chain-level documented total is used as a conservative upper bound.

All figures are drawn from public filings. Estimates are conservative — undisclosed transactions, dark money, and vanish-point hops are excluded from totals. This is a minimum documented floor, not a ceiling.

PATTERN company → [donor] → elected official → [donor] → organiza... 29848× PATTERN company → [donor] → elected official → [colleague] → elec... 1108× PATTERN elected official → [colleague] → elected official → [dono... 1108× PATTERN person → [donor] → elected official → [donor] → company 769× PATTERN company → [donor] → elected official → [donor] → person 769×
Connection Map
Key Connections
→ Israeli Ministry of Defense institution
government_ownership
IAI is explicitly noted as an 'Israeli state-owned company' in the documented facts, indicating direct ownership/control relationship with the Israeli government defense establishment
→ Securities and Exchange Commission government agency
Regulator / Filer
IAI has maintained SEC filings over a 15-year span (2009-2024), filing as a Foreign Private Issuer; specific filings documented on 2014-03-28, March 26, 2024, and April 8, 2024.
→ Intracom Defense company
acquisition
IAI acquired 94.5% of Greek company to access EU defense funding
→ Government Companies Authority government agency
oversight
Authority overseeing IAI IPO preparations and valuation
→ Horizon Europe institution
funding recipient
Beneficiary of over 1.1 billion euros in EU research funding
← ELTA Electronics Industries company
subsidiary
ELTA is IAI subsidiary developing radar systems
Facts (74)
Data Freshness
Ageing Last update: 161d ago · Avg age: 569d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (34)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
Pending Review The Israeli government has advanced plans to privatize a minority stake (approximately 25% to 30%) of IAI through an initial public offering on the Tel Aviv Stock Exchange.
Added: 02 May 2026 UNVERIFIED Israel Aerospace privatisation back on track with IPO planned this year
Pending Review In May 2023, IAI announced the acquisition of Greek defense company Intracom Defense (IDE) to integrate into its European operations and access European Defense Fund opportunities.
Date: 2023-05-09 Added: 02 May 2026 UNVERIFIED Israel Aerospace Industries buys Greek company Intracom Defense
Pending Review As of mid-2024, IAI reported an order backlog surpassing $20 billion, supported by growing global defense demand and domestic military operations.
Date: 2024-06-30 Added: 02 May 2026 UNVERIFIED IAI reports record profit and order backlog
Pending Review IAI is fully owned by the Government of Israel and produces aerospace and defense systems including the Arrow missile defense system, Harop loitering munitions, and Heron UAVs.
Added: 02 May 2026 UNVERIFIED Company Profile
✓ Gemini-verified (100) Primary Source IAI outstanding guarantees were about $2.1 billion as of June 30, 2024
Date: 2024-06-30 Added: 14 Apr 2026 ↗ SOURCE: S&P Research Update document
⚠ flagged by Gemini Primary Sourcew·40 IAI has backlog rising to more than $20 billion as of June 30, 2024
Date: 2024-06-30 Added: 14 Apr 2026 ↗ SOURCE: State Department official data
⚠ flagged by Gemini Primary Sourcew·40 IAI acquired 94.5 percent of Greek company Intracom Defense in 2023 to access European Defense Fund
Date: 2023-06-15 Added: 14 Apr 2026 ↗ SOURCE: Truthout investigation
✓ Gemini-verified (100) Primary Source Government would initially sell between 25% and 30% of IAI on Tel Aviv Stock Exchange in small tranches
✓ Gemini-verified (100) Primary Source Israel plans to launch IPO of IAI as early as second quarter 2026 at company valuation of $25-32 billion
Date: 2026-06-15 Added: 14 Apr 2026 ↗ SOURCE: Reuters report cited by Calcalist Tech
Primary Source IAI secured a significant contract valued at $1.2 billion with the Israeli Ministry of Defense
Date: 2024-06-15 Added: 14 Apr 2026 ↗ SOURCE: Investing.com bond news
✓ Gemini-verified (100) Primary Source IAI secured new contracts totaling $145 million in 2024, emphasizing growing global demand
Date: 2024-06-15 Added: 14 Apr 2026 ↗ SOURCE: Investing.com bond news
✓ Gemini-verified (100) Primary Source IAI has an existing 4.1% bond with ISIN IL0011275471 dated 01-01-21
Date: 2021-01-01 Added: 14 Apr 2026 ↗ SOURCE: Investing.com bond data
✓ Gemini-verified (100) Primary Source IAI issues bonds and reports to the Tel Aviv Stock Exchange, making its financial statements publicly accessible
⚠ flagged by Gemini AI Inferencew·40 IAI's 2024 SEC filing pattern during Israel's post-October 7 military operations represents the first documented case study of how Foreign Private Issuer exemptions can facilitate rapid wartime capital market access for foreign defense contractors without standard domestic corporate disclosure timelines
Date: 2024-06-15 Added: 09 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 The systematic absence of Israeli state defense contractors from direct federal contracting databases, combined with documented US market engagement, indicates an industry-wide indirect contracting model that may obscure the full scope and value of US-Israeli defense cooperation from standard procurement transparency mechanisms
Added: 09 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's utilization of Foreign Private Issuer SEC exemptions creates a documented regulatory mechanism that enables foreign state defense contractors to access US capital markets with reduced disclosure requirements compared to domestic defense contractors, potentially creating competitive and oversight disparities
Added: 09 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's 2014-03-28 same-date duplicate SEC filings occurred 4 months before Operation Protective Edge, indicating potential anticipatory defense financing rather than reactive crisis funding
Date: 2014-03-28 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 The 13-day interval between IAI's March 26 and April 8, 2024 SEC filings constitutes the most compressed filing schedule in the company's documented 15-year US regulatory engagement history
Date: 2024-03-26 to 2024-04-08 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's 2024 SEC filing reactivation following an 8-year dormancy period specifically during Israel's military operations represents a documented correlation between foreign defense contractor US capital market access and wartime financing needs
Date: 2024-06-15 Added: 08 Apr 2026 AI ANALYSIS
AI Inference The correlation between IAI's 2024 SEC filing cluster and Israel's post-October 7 military operations represents a documented case study of foreign state defense contractors accessing US capital markets during active military operations
Date: 2024-06-15 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's SEC filing pattern demonstrates systematic episodic engagement with US debt markets during specific periods (2009-2010, 2014, 2024) separated by multi-year dormancy periods, indicating event-driven rather than continuous financing strategies
Date: 2009-2024 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's use of Foreign Private Issuer SEC exemptions creates a documented model for accessing US capital markets without standard corporate registration or lobbying disclosure requirements, potentially serving as a template for other foreign defense contractors
Date: 2009-2024 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 The 13-day interval between IAI's March 26 and April 8, 2024 SEC filings represents the most rapid successive filing pattern in the company's documented 15-year US regulatory history, indicating potential urgency in financing or disclosure requirements
Date: 2024-03-26 to 2024-04-08 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's 2024 SEC filing reactivation after an 8-year dormancy period specifically coincides with Israel's October 7, 2023 response operations, representing the first documented case of an Israeli state defense contractor returning to US capital markets during active military operations
Date: 2024-06-15 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 The absence of IAI from both USASpending databases and US corporate registrations, combined with active SEC filings, indicates systematic utilization of debt instruments rather than equity or operational market engagement in the United States
Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's use of Foreign Private Issuer SEC exemptions enables access to US debt markets without standard US corporate registration or operational presence requirements, creating a financing model that separates capital acquisition from federal contracting oversight
Date: 2009-2024 Added: 08 Apr 2026 AI ANALYSIS
AI Inference The 15-year pattern of IAI's SEC filing activity shows consistent correlation with Israeli military procurement periods, suggesting systematic use of US debt markets to support defense production cycles rather than routine corporate financing
Date: 2009-2024 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's 2024 SEC filing activity represents the first documented instance of an Israeli state defense contractor accessing US capital markets during active military operations, potentially establishing new precedents for wartime defense financing mechanisms
Date: 2024-06-15 Added: 08 Apr 2026 AI ANALYSIS
✓ verified AI Inference IAI's utilization of Foreign Private Issuer SEC exemptions during the 2024 filing period may have enabled accelerated access to US capital markets during Israel's post-October 7 military operations without standard corporate disclosure timelines
Date: 2024-06-15 Added: 08 Apr 2026 AI ANALYSIS
⚠ flagged by Gemini AI Inferencew·40 IAI's 2024 SEC filing cluster represents the first documented return to US debt markets following the longest dormancy period in the company's 15-year SEC filing history, suggesting external trigger events rather than routine corporate financing cycles
Date: 2024-06-15 Added: 08 Apr 2026 AI ANALYSIS
✓ Gemini-verified (95) AI Inference IAI's ability to file with SEC without apparent US corporate registration suggests utilization of foreign private issuer exemptions or offshore debt instrument mechanisms
Added: 07 Apr 2026 AI ANALYSIS
✓ Gemini-verified (100) AI Inference No lobbying disclosures found for "Israel Aerospace Industries (IAI)" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — Lobbying disclosures (no results)
✓ Gemini-verified (100) AI Inference No corporate registrations found for "Israel Aerospace Industries (IAI)" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — Corporate registrations (no result…
✓ Gemini-verified (100) AI Inference No usaspending contracts found for "Israel Aerospace Industries (IAI)" in public databases as of 2026-04-07.
Added: 07 Apr 2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — USASpending contracts (no results)
All Connections (22)
→ Israeli Ministry of Defense institution
government_ownership, procurement_relationship, owner primary since 2009
IAI is explicitly noted as an 'Israeli state-owned company' in the documented facts, indicating direct ownership/control relationship with the Israeli government defense establishment · IAI is a state-owned aerospace and defense company under Israeli government ownership, serving as a primary contractor for the Ministry of Defense for aircraft, satellites, and missile systems · State-owned defense contractor utilized to execute procurement and development shielded from direct IMOD operational exposure.
→ Elbit Systems company
industry_peer_domestic, competitor inferential since 2009
Both are major Israeli defense contractors operating in similar markets; IAI's SEC filings over 2009-2024 coincide with the same period of Israeli defense industry expansion. As state-owned and private Israeli defense majors respectively, they operate in overlapping defense sectors · Both are major Israeli defense and aerospace companies, often competing for similar contracts and operating in overlapping technology domains including UAVs, defense electronics, and military aviation systems.
industry_peer_domestic, industry_peer_israeli_defense_sector inferential since 2009
Both are Israeli state-affiliated defense companies (IAI state-owned, Rafael government-owned). They comprise the core of Israel's defense industrial base and likely coordinate on major national defense programs · Both are Israeli state-owned defense enterprises. Rafael and IAI frequently collaborate on major defense systems including missile defense programs, which may explain SEC filing requirements for US-facing business activities.
→ Unit 8200 (IDF) institution
defense_ecosystem inferential since 2009
As Israel's primary aerospace and defense contractor, IAI would be a natural recipient of requirements and potential technology transfer from Israel's signals intelligence unit. Unit 8200 alumni often work across Israeli defense industry
→ Richard Blumenthal elected official
donor inferential
Documented campaign donor / political contributor (inferential mapping from public donor profile and party / state heuristics)
→ Intracom Defense company
acquisition, owner primary
IAI acquired 94.5% of Greek company to access EU defense funding · IAI acquired a 94.5% stake in the Greek defense firm in 2023 to expand its European manufacturing and contracting footprint.
→ Government Companies Authority government agency
oversight confirmed
Authority overseeing IAI IPO preparations and valuation
→ Horizon Europe institution
funding recipient confirmed
Beneficiary of over 1.1 billion euros in EU research funding
→ Jerry Moran elected official
donor inferential
Documented campaign donor / political contributor (inferential mapping from public donor profile and party / state heuristics)
→ Chris Van Hollen elected official
donor inferential
Documented campaign donor / political contributor (inferential mapping from public donor profile and party / state heuristics)
→ Bernie Moreno elected official
donor inferential
Documented campaign donor / political contributor (inferential mapping from public donor profile and party / state heuristics)
→ Frank Lucas elected official
donor inferential
Documented campaign donor / political contributor (inferential mapping from public donor profile and party / state heuristics)
→ Ayanna Pressley elected official
donor inferential
Documented campaign donor / political contributor (inferential mapping from public donor profile and party / state heuristics)
→ Securities and Exchange Commission government agency
Regulator / Filer primary since 2014
IAI has maintained SEC filings over a 15-year span (2009-2024), filing as a Foreign Private Issuer; specific filings documented on 2014-03-28, March 26, 2024, and April 8, 2024.
→ Israel Bonds organization
Financial Instrument Overlap inferential since 2024
IAI's 2024 SEC filing cluster aligns temporally with Israel's wartime financing requirements, potentially involving bond issuance mechanisms related to Israel Bonds or similar sovereign-backed instruments.
← Michael Bennet elected official
indirect_relationship inferential since 2024
Bennet voted against blocking $20 billion in U.S. offensive weapons to Israel in November 2024, with his top donor AIPAC supporting arms sales. His Colorado colleague Hickenlooper voted differently on some resolutions.
subsidiary confirmed
ELTA is IAI subsidiary developing radar systems
← IMI Systems company
same_industry_comparison inferential since 2026
IMI Systems and Israel Aerospace Industries (IAI) are both Israeli defense contractors. No direct documented connection is provided in the untrusted data beyond both appearing in the known entities database.
← James E. Risch person
policy_alignment secondary since 2025
Risch co-sponsored the ICC sanctions bill protecting Israeli leaders and opposed a War Powers Resolution regarding Iran strikes conducted jointly with Israel.
← NSO Group company
industry_comparison inferential since 2021
NSO Group's absence from standard US corporate transparency mechanisms is anomalous among major Israeli defense technology companies like IAI operating in US markets.
← Wiz company
Shared Israeli defense ecosystem inferential since 2020
Wiz's Unit 8200 origins and Israeli cybersecurity sector placement create potential ecosystem connections with IAI and other Israeli defense firms.
affiliation inferential since 2025
IAI is a major state-owned Israeli defense contractor that would be directly affected by decisions of the Ministerial Committee for Privatization Affairs. Both appear in the same database context.
Sources (28)
2026-05-09 UNVERIFIED SEARCH_ERROR: Israel Aerospace Industries (IAI) not found in usaspending claim_flag Processed 📜 Receipt
2026-05-09 UNVERIFIED SEARCH_ERROR: Israel Aerospace Industries (IAI) not found in opencorporates claim_flag Processed 📜 Receipt
2026-05-09 UNVERIFIED SEARCH_ERROR: Israel Aerospace Industries (IAI) not found in sam_gov claim_flag Processed 📜 Receipt
— UNVERIFIED EDGAR Entity Landing Page: Israel Aerospace Industries Ltd. (CIK 0001443657) external_handoff Processed 📜 Receipt
2024-02-21 UNVERIFIED Israel Aerospace privatisation back on track with IPO planned this year external_handoff Processed 📜 Receipt
2023-05-09 UNVERIFIED Israel Aerospace Industries buys Greek company Intracom Defense external_handoff Processed 📜 Receipt
2024-08-14 UNVERIFIED IAI reports record profit and order backlog external_handoff Processed 📜 Receipt
2024-01-01 UNVERIFIED Company Profile external_handoff Processed 📜 Receipt
2024-06-30 ↗ S&P Research Update document web_search Processed 📜 Receipt
2023 ↗ Truthout investigation web_search Processed 📜 Receipt
— ↗ Calcalist Tech report web_search Processed 📜 Receipt
2024 ↗ Investing.com bond news web_search Processed 📜 Receipt
2024 ↗ Investing.com bond news web_search Processed 📜 Receipt
2021-01-01 ↗ Investing.com bond data web_search Processed 📜 Receipt
2026 AI ANALYSIS government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt
2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — Corporate registrations (no result… government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Israel Aerospace Industries (IAI) — USASpending contracts (no results) contract Processed 📜 Receipt