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NEWS
Firm Announces Creation of New North American Headquarters
November 27, 2019

Israel Aerospace Industries Ltd. (IAI), Israel’s largest aerospace and defense company, has announced that the firm will expand its North American headquarters operation at a new location in Fairfax 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 over 200 through its U.S. subsidiary, IAI North America.

“IAI North America is proud to expand our corporate headquarters at a new location in the Dulles Technology Corridor in Fairfax County,” said Swami Iyer, CEO of IAI North America. “The area is the logical choice to establish IAI North America’s new corporate HQ office—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.”

In response to the announcement, Governor Ralph S. Northam said, “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. 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. I am grateful for the opportunity to meet with IAI officials in Tel Aviv to discuss ways we can strengthen economic ties between Virginia and Israel.”

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 state-funded Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities.


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