Israel Aircraft Industries ranks as the top foreign company appearing on the Pentagon’s list of the 500 companies to receive research and development contracts during fiscal year 1993, according to an annual list published last month by the U.S. Defense Department.
IAI, which was 55th on the list, was also the only foreign firm to appear on another listing of the top 100 companies that received prime contractor awards from the Pentagon in 1993.
IAI ranked 97th on the second list.
The Israeli defense firm received prime contracts worth more than $113 million from the Pentagon for developing weapons from October 1992 to September 1993, according to the Defense Department. Most of the U.S. funding was directed toward Israel’s Arrow anti-missile missile program, which recently concluded its initial testing phase.
Only 13 foreign firms were on the Defense Department’s top 500 list — and four of them were Israeli companies.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
