October 23, 2026
Israel Aerospace Industries is preparing for a turning point in its history, with its new president, Boaz Levy, anticipating that the company will go public on the stock exchange during the next year, making about 50% of its shares available to the public, in a step aimed at achieving gains for the state, the company, employees, and customers alike, despite the regulatory and security complications accompanying the path.
Levy’s statements came today, Thursday, quoting a report by journalist Ariel Feiglin in the Maariv newspaper, during the annual customer conference for ManpowerGroup Israel, which was held at the Peres Center for Peace and Innovation in Jaffa, where he affirmed his complete 100% confidence in achieving this trend during the coming year, based on the government’s decision issued in November 2020 to offer a minority stake while maintaining government control.
Levy explained that there is general consensus on the necessity of the step, stressing that the company will always remain a national and governmental institution. He attributed his optimism to the progress in regulatory procedures, despite the absence of a precise timetable or deadline for completing the offering, given the company’s need for a special legal path that is consistent with the secrecy imposed on part of its products.
In the same context, Levy pointed out that the multiplicity of regulatory bodies, which include the Ministry of Defense, the Securities Authority, and the Government Companies Authority, in addition to the intervention of the Ministry of Finance in wage issues, impose obstacles and a ceiling that limits flexibility of performance and expansion of activities.
On an administrative level, Levy touched on the conflict of interest arrangements that were approved following his move from the position of Director General to Chairman of the Board of Directors, especially when discussing previous decisions he had taken himself, praising the regularity of the Board’s work on a monthly basis by appointing a president for each session during the previous administrative vacuum phase.
In the advanced technology file, Levy confirmed that the “aerospace industries” are moving towards internal development of artificial intelligence tools due to strict security restrictions. The company deals with huge amounts of satellite and radar data that cannot be connected to the public Internet or downloaded from external tools for fear of losing control over military products. However, Levy ruled out that artificial intelligence would replace the human factor, stressing the need for the human element to remain and for employees to adapt their skills to market variables.
