The Katana was designed to protect critical infrastructures, including ports, undersea pipelines, oil and gas rigs.
Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) will unveil its new unmanned ship, the Katana, at the Defexpo 2014 Land, Naval & Internal Homeland Security Systems Exhibition, The Katana expresses IAI's concept of expanding in unmanned aerial vehicle (UAV) business. The company says that the Katana was designed to protect critical infrastructures, including ports, undersea pipelines, oil and gas rigs, and that it is equipped with state-of-the-art electronic warfare systems.
In the past decade, IAI sold has sold $2 billion worth of UAVs to Asian countries. The company's contracts with India have given it a taste for more. One contract alone, for the sale of Barak 8 sea missiles to the Indian Navy, is worth $1.4 billion.