IAI’s CEO, Boaz Levy, said, “The acquisition of Intracom Defence strengthens IAI’s business capabilities in Greece and Europe as a whole. The acquisition of IDE will strengthen and widen activities in Greece and among NATO countries and help promote a wide range of solutions the company can provide. Because of increasing defence needs across Europe, and in response to the ever-increasing demand for air-defence and UAV’s systems.”
IAI Buys Greek Intracom Defence
