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Israel Aerospace Industries (IAI) today announced the establishment of its new representative office in Mexico. The event was marked in an opening ceremony with the participation of the Israeli Ambassador, Jonathan Peled, and local representatives.

Mexico's security arms imports grew by almost 200% between 2012 and 2016, placing the country as the 2nd largest importer of defence systems in Latin America during this period.

Mexico's defence budget is approximately $6 billion per annum, of which about 10% are earmarked for the acquisition of defence systems.

 

Jonathan Peled The Israel Ambasador in Mexico, Eli Alfassi, Executive Vice President Marketing, Itay Sherman, Director IAI Office in Mexico and Amos Kendler, Corporate Director International Marketing Latin America, at The opening ceremony. (Photo: IAI)

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