Israel Aerospace Industries

Israel Aerospace Industries reported that sales for the fourth quarter of 2010 reached $ 849 million, compared to $ 761 million in the same period in 2009, an increase of 12%. Export sales reached $ 671 million, a growth of 15% compared to the fourth quarter of 2009. Sales to the defense market in the fourth quarter of 2010 reached approximately $ 628 million, an increase of 10% compared to 2009. Sales to the commercial market reached $ 221 million, an increase of 18% compared to the equivalent period in 2009. Net profit for the fourth quarter totaled $ 14 million, compared to $ 8 million in the same period in 2009, an increase of 68%.