Israel Aerospace Industries to merge with Green Pine radar developer Elta Systems
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Source: The Jerusalem Post
Published: 2026-05-15 00:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Technology & AI, Technology
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Snippet:
The Israel Aerospace Industries (IAI) announced on Wednesday that its board of directors recommended merging its subsidiary, Elta Systems, into IAI. Elta is a company and division within IAI, which is controlled by IAI, with only two shares held by the state.
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