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Record results for IAI, but its biggest client isn't paying for the Arrow

IAI's backlog hit $35B and profits jumped 47%, but a Ministry-Treasury dispute created a NIS 2.4B negative cash flow. Chairman Levy warns of debt.

  • IAI reports record-breaking $35 billion order backlog, 35% increase
  • Biggest client, Defense Ministry, not paying due to budget dispute
  • IAI faces $795 million negative cash flow, limited $4 billion reserves

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