4 June, 2018: Israel Aerospace Industries Ltd. (IAI), a leader in developing military and commercial aerospace technology has appointed Swami Iyer as CEO of IAI North America, its US subsidiary. Iyer will be responsible for all IAI operations in North America, including its subsidiaries Stark and ELTA North America.
Harel Locker, IAI's Chairman of the Board said, “The US represents 75 percent of the global defense market for IAI. We plan to focus and grow within this market. I welcome Swami Iyer as the new CEO of IAI North America. Mr. Iyer has a wealth of experience, professional, business and managerial capabilities. I am confident he will succeed in unlocking the potential available to IAI in the US market".