Company type | Private |
---|---|
Industry | Arms/Defense |
Founded | 1933 (privatized in 2005) |
Headquarters | , Israel |
Area served | Worldwide |
Products | Firearms, weapons |
Number of employees | Over 500 in Israel (excluding overseas)[1] |
Website | iwi |
Israel Weapon Industries (IWI), formerly the Magen division of the Israel Military Industries Ltd. (IMI), is an Israeli firearms manufacturer.
It was founded in 1933.[2] Formerly owned by the State of Israel, the Small Arms Division of IMI was privatized and renamed IWI in 2005.
IWI is one of the world's most famous and bestselling military arms manufacturers.[3] The Magen division rose to international prominence in the 1950s, as the creator of the Uzi, of which over 10 million would be produced, netting billions of dollars for the company.[4] Subsequent well known military exports have included the Jericho 941 semi-automatic pistol, Negev light machine gun, Galil assault rifle, Tavor assault rifle, and the DAN .338 sniper rifle.
IWI develops and manufactures guns used by armies and law enforcement agencies around the world.[5]