IAI North America to build new headquarters in Virginia

 

 

Israel Aerospace Industries Ltd. (IAI, Ben Gurion International Airport), Israel’s largest aerospace and defense company, has announced that it will expand its North American headquarters operation at a new location in Fairfax County, Va. The project will bring more than 50 new jobs to the county.

Since 1953, IAI has provided advanced technology solutions to government and commercial customers worldwide, including air defense systems, satellites, missiles, weapons systems and munitions, unmanned systems, robotic systems, electronics and navigation systems. IAI also designs and manufactures business jets and aerostructures, performs overhaul and maintenance on commercial aircraft and converts passenger aircraft to refueling and cargo configurations. IAI employs approximately 15,000 workers, and more than 200 through its U.S. subsidiary, IAI North America.

Read CW Senior Editor Ginger Gardiner’s plant tour of IAI for a behind-the-scenes look at the company’s Israel aerodefense composites facility.

“The area is the logical choice to establish IAI North America’s new corporate HQ office,” says Swami Iyer, CEO of IAI North America.

“Fairfax is at the center of the aerospace and defense market here in the United States, it is close to many of our clients’ head offices, and provides the opportunity for increased coordination and synergy realization for our enterprise growth goals. The positions include the existing staff at IAI North America along with increased manpower in sales and business development areas,” adds Iyer.

“As the largest aerospace and defense manufacturer in Israel, IAI’s decision to expand its headquarters here reinforces that Virginia is a prime location for global companies seeking growth in North American markets,” says Virginia Governor Ralph Northam. “The Commonwealth is home to more than 780 internationally-owned businesses and continues to attract technology and innovation leaders like IAI. This important project demonstrates the long-term benefits of building corporate partnerships and telling Virginia’s business story around the world.”

“Fairfax County has long been a location of choice for major aviation and aerospace companies, and we are delighted to see that important industry cluster expand further with IAI,” says Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority. 

The Virginia Economic Development Partnership worked with the Fairfax County Economic Development Authority to secure the project for Virginia. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program (VJIP).