Israel Aerospace, Tomer Partner to Develop Missiles Rocket Engines

Israel Aerospace Industries (IAI) and Tomer, a government-owned company producing rocket propulsion systems, signed a Memorandum of Understanding (MoU) to jointly develop projects in rocket propulsion and innovative missiles rocket engines.

The MoU includes investment in joint projects, mutual R&D and establishing infrastructure for the companies' respective R&D departments for the benefit of developing future, advanced technologies in the field of rocket propulsion and innovative rocket motors, at a higher quality and faster than in the past.

Boaz Levy, President and CEO of IAI: “Cooperation between Tomer and IAI over the years has advanced the State of Israel and the defense establishment in the fields of propulsion and missilery, and led to groundbreaking innovation and capabilities. This agreement highlights the importance both companies see in joint development leading to new, advanced capabilities, supporting the growth of both companies.”