June 04, 2018: Swami Iyer is the new CEO of Israel Aerospace Industries (IAI) North America, its US subsidiary.
In this new role, Iyer will be responsible for all IAI operations in North America, including its subsidiaries Stark and ELTA North America.
He is a former military pilot and veteran executive in the aerospace, defense and cybersecurity industries, according to reports published online.
Israel Aerospace is the country’s leading aerospace and aviation company, serving the civilian and defense markets.
Harel Locker, IAI’s chairman of the Board said: “The US represents 75 percent of the global defense market for IAI. We plan to focus and grow within this market. Iyer has a wealth of experience, professional, business and managerial capabilities. I am confident he will succeed in unlocking the potential available to IAI in the US market.”