Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) ended 2014 with two cyber-solution contracts worth tens of millions of dollars. The major deals were signed with strategic, foreign defense customers.
IAI has defined cyber security as a strategic sector and one of the company's core areas of activity. IAI develops advanced cyber solutions for intelligence, protection, monitoring identification and accessibility. These capabilities are made possible by unique technologies developed by IAI's R&D, and excellence centers. The company offers its customers a number of approaches and channels for handling constantly-evolving cyber threats.
IAI director of cyber program Esti Peshin said, "The cyber arena requires a reliable, strong and experienced solutions' provider to allow appropriate, constant managing of the threat. We have harnessed the best minds and technologies to create a new approach, enabling our customers to manage today's and tomorrow's cyber challenges in an optimal fashion."
Published by Globes [online], Israel business news - www.globes-online.com - on January 7, 2015
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