# Israel Aerospace Industries acquires Greek defense company Intracom Defense

Israel Aerospace Industries signed a deal to acquire Intracom Defense (IDE), a Greek technology defense company that produces missile launchers, missile subsystems, and tactical communications. Financial details were not disclosed.

- Type: Acquisition
- Announced: 2023-05-09
- Where: Greece
- Status: announced
- Products: missile launchers, missile subsystems, tactical communications, hybrid generation systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Israel Aerospace Industries](https://endata.com/companies/22308.md) (acquirer)
- [Intracom Defense](https://endata.com/companies/65453.md) (target)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-israel-aerospace-buys-greek-co-intracom-defense-1001445993), 2023-05-09: "The acquisition of Intracom Defense strengthens IAI's business capabilities in Greece, and in Europe as a whole."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
