Israel Aerospace Industries has named Swami Iyer as CEO of its US subsidiary IAI North America. Iyer will be responsible for all IAI operations in North America, including its subsidiaries Stark and ELTA North America.
Iyer, who served as a Lieutenant Colonel in the US Air Force, was most recently president of Ultra Electronics, 3eTI, a leading cyber-technology company that helps preserve operational investments through advanced security applications. Before that, he served as an executive at Honeywell Aerospace. He holds a M.Sc. in aerospace engineering from the University of Michigan.
As Lt. Colonel in the USAF, Iyer logged more than 3,500 hours (including 105 combat hours) of flight experience in 45+ aircraft across fighters, bomber, transport, rotary, trainers, and commercial aircraft.
Harel Locker, IAI’s Chairman of the Board said in a statement: “The US represents 75 percent of the global defense market for IAI. We plan to focus and grow within this market. I welcome Swami Iyer as the new CEO of IAI North America. Mr. 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.”
With better than 20 years of experience in aerospace, defense and cybersecurity, Iyer presided over 3eTI’s development of Mergers and acquisitions projects and substantially expanded profit margins.
As Vice President, Defense & Space at Honeywell Aerospace, he led multiple, multi-billion dollar international and domestic defense programs.
As Chief, South Asia, Australia & Oceania, International Affairs for the USAF, he was responsible for formulating and integrating policy with respect to political-military relationships, security assistance, technology and information disclosure issues, military exchanges, and attaché affairs.
Swami Iyer said in a statement: “I look forward to leading IAI North America and increasing its foothold in the US market. This is an exciting new challenge for me, building on my background in the industry. IAI is a diverse company with outstanding capabilities and products to offer US customers.”