Israel Aerospace Industries Warns of NIS 6 Billion Defense Ministry Debt Threatening Production

IAI chairman Boaz Levy stated the company owes nearly NIS 6 billion to the Defense Ministry, warning that immediate action from defense and finance officials is required to sustain manufacturing output.

3 Sept, 19:32 — 3 Sept, 19:32

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jerusalem-postMostly Factual16h ago

IAI chairman says Defense Ministry debt stands close to NIS 6 b., warns about keeping up production

"That is a lot of money for a company," chairman Boaz Levy said in an interview with 103FM, adding that the situation could be solved by actions in the Defense and the Finance ministries.

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Israel Aerospace Industries Warns of NIS 6 Billion Defense Ministry Debt Threatening Production

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IAI chairman says Defense Ministry debt stands close to NIS 6 b., warns about keeping up production

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