Israel Aerospace Industries announced that it was increasing collaboration with Boeing on the Arrow anti-ballistic missile program and other projects in the missile defense arena.

Marking the 10th anniversary of the collaboration, IAI president Itzhak Nissan said, “this new agreement is the next logical step in our relationship with Boeing and a strong opportunity for both companies to play a bigger role in the missile defense market. It is based on a strong foundation of successful cooperation.”

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The Arrow has become a cornerstone of Israel’s missile defense strategy.

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