Boaz Levy Appointed CEO of IAI
Israel Aerospace Industries Ltd. (IAI) Board of Directors, chaired by Harel Locker, approved the search committee's recommendation to nominate Boaz Levy as IAI's Chief Executive Officer (CEO). Levy succeeds Maj. General (ret.) Nimrod Sheffer, who stepped down as CEO on October 31, 2020. The nomination will be submitted to the Minister of Defense, Lt. General (ret) Benjamin Gantz, and the Minister for Cyber & National Digital Matters, Dudi Amsalem who supervising the Israel Government Companies Authority.
Boaz Levy’s career at IAI spans over 30 years. In 1990 he joined the company as an engineer for the Arrow Project and in 1999 became the project's chief engineer. From 2003 to 2006, Levy headed the induction of the Arrow-2 into operational service after going through numerous successful test flights. From 2006 to 2010 he headed the Barak-8 program, which evolved into one of the world's most advanced air defense systems and became one of IAI’s most significant growth engines. In 2010, Boaz Levy was appointed as general manager of IAI's air defense division and in 2013 he became Vice President of the Systems Missiles and Space Group, leading the group to become IAI's most profitable and successful business unit.
Over the years, Levy has pursued groundbreaking technological developments that are cornerstones of Israel's defense. Several of those programs have won the Israel Defense Prize presented annually by the President of Israel to people and organizations who made significant contributions to the defense of the State of Israel. Levy is also responsible for some of the largest defense export sales in Israel's history, including the sale of the Barak Weapon System worth over $6B US.