The Hellenic Aerospace Industry

What The Hellenic Aerospace Industry does

Hellenic Aerospace Industry (EAB / Ελληνική Αεροπορική Βιομηχανία) is the state-owned aerospace and defense industrial prime of Greece, established in 1975 as a joint venture between the Hellenic Republic and five American aerospace companies and headquartered in Athens with its main manufacturing complex in Schimatari, Boeotia. It operates as an integrated provider across four core lines: aerostructure manufacturing for international OEM programs (constructing approximately 30% of the global F-16 fuselage alongside C-130J, Airbus, Boeing, Dassault, and NH90 components); factory-level maintenance, repair, and overhaul (MRO) for military and civilian aircraft and engines under EASA Part-145 and OEM Authorized Maintenance Center designations (Lockheed Martin, Rolls-Royce, SNECMA, Honeywell); defense electronics and electronic warfare, including the combat-proven Kentavros and Centauros anti-drone systems, HERMES battle-zone communications, and ERMIS II secure communications; and engineering services, EASA Part-147 training, and R&D participation in European consortia including nEUROn UCAV, Clean Sky, JEY-CUAS, and TALOS.

Name

The Hellenic Aerospace Industry

Legal name

Ελληνική Αεροπορική Βιομηχανία Α.Ε.

Website

https://haicorp.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hellenic Aerospace Industry (EAB) is Greece's state-owned aerospace and defense prime, providing aerostructure manufacturing, aircraft and engine MRO, and defense electronics, including combat-proven anti-drone systems, primarily to the Hellenic Armed Forces.

Ownership category

akta.pro rank

NAICS

Aerospace Product and Parts Manufacturing (33641), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Aircraft & Parts (3720), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Aircraft Parts & Auxiliary Equipment, Nec (3728)

akta.pro primary industry

Military Aircraft Structures, Airframes & Composites (IMABAMAH)

akta.pro secondary industries

UAS Integration, Certification & Compliance Systems (Remote ID, Detect-and-Avoid) (IMABAIAO), Avionics Software, Certification & Safety-Critical Systems (DO-178/DO-254) (IMABAFAK)

Keywords

• Aerospace manufacturing
• Aircraft maintenance services
• Defense electronics
• Anti-drone systems
• Engine overhaul services

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices3 records

Markets served

Revenue model

1. Defense Manufacturing & Assembly: Aerostructure manufacturing for international aerospace programs including F-16 components (30% of F-16 fuselage globally), C-130J structural components, and various aircraft parts for civilian and military applications.
2. Aircraft & Engine Maintenance Services: Factory-level maintenance, repair and overhaul (MRO) services for military and civilian aircraft, engines, and avionics systems. Certified by EASA Part-145 and multiple OEM authorizations.
3. Defense Systems & Electronics: Development and production of electronic warfare systems (Kentavros/Centauros), defense electronics, and communication systems including ERMIS II.
4. Defense Modernization Programs: Participation in national defense upgrade programs including F-16 Viper upgrades and UAV programs, returning to operational profitability in 2025 after restructuring.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Hellenic Aerospace Industry (EAB) is Greece's state-owned aerospace and defense manufacturer that designs, produces, and maintains military and civil aviation products. Its offerings span aerostructure manufacturing (F-16, C-130J, Airbus, Boeing, Dassault, Eurofighter components), factory-level aircraft and engine MRO certified by EASA Part-145 and major OEMs, and defense electronics including the Kentavros/Centauros anti-drone electronic warfare systems, HERMES battle-zone communications, and secure C2 systems. The company also operates an EASA Part-147 training center and participates in the European nEUROn UCAV program.

Product overview

The Hellenic Aerospace Industry (EAB/ΕΑΒ) is Greece's largest aerospace and defense company, providing an integrated portfolio of products and services. The portfolio includes: (1) Defense electronics - the Kentavros and Centauros anti-drone systems for electronic warfare/counter-UAV operations; (2) Aerospace manufacturing - aerostructure components and assemblies for F-16, C-130J, Airbus, Boeing, Dassault, and other aircraft; (3) Maintenance services - factory-level maintenance for military aircraft (F-4, F-16, Mirage, C-130), helicopters (AB-212, UH-60, NH90), and engines (F100, F110, T56, J79); (4) Electronic products - communications, command & control, electronic warfare, and optronics systems including the HERMES battle zone communications system; (5) R&D and design services - engineering for aircraft structures and unmanned systems including the European UCAV nEUROn program; (6) Training - EASA Part-147 certified training center; (7) Maritime systems - BlueWhale autonomous submarine in partnership with IAI. The company also participates in European research programs (Clean Sky, counter-UAV systems, satellite communications, border surveillance).

Differentiator

Problem solved

Functional benefit

Named customers7 records

Segments3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Israel Aerospace Industries (IAI)coreTechnology or Integration · 2 February 2026Integration of HAI's Kentavros anti-UAV system with IAI's BARAK-MX air defense system under Greece's 'Shield of Achilles' national defense program. Signed MoU for BlueWhale autonomous submarine system for Hellenic Navy.
• Israel Aerospace Industries (IAI)coreStrategic or Co-development Partner · 7 May 2025Signed MoU during DEFEA exhibition to collaborate on BlueWhale autonomous submarine system for Hellenic Navy. HAI will participate in production and technological development.
• Evelpidon Military AcademyminorStrategic or Co-development Partner · 23 May 2024Signed Memorandum of Cooperation with Evelpidon Military Academy for training and professional development.
• National Technical University of AthensminorStrategic or Co-development Partner · 12 April 2022Signed Memorandum of Cooperation with NTUA aimed at research and development of innovative products for technological progress.
• Lockheed MartincoreStrategic or Co-development PartnerParticipation in F-16 Viper upgrade program in collaboration with Lockheed Martin. Also manufactures C-130J structural components as part of Lockheed Martin supply chain. HAI is authorized C-130 Maintenance Center for Lockheed Martin.
• Dassault AviationcoreStrategic or Co-development PartnerParticipation in nEUROn UCAV consortium as equal partner with Dassault (lead), Alenia Aermacchi, Saab, EADS-CASA, and RUAG. Responsible for exhaust system, aft fuselage, and avionics test rig.
• Rolls-RoycecoreImplementation/ SI/ Consulting PartnerAuthorized Maintenance Center (AMC) for T56-501D engines. One of six AMC centers worldwide for these engines. Also jointly created 1Source Aero Services A.E. for aircraft engine accessories maintenance.
• Pratt & WhitneyminorStrategic or Co-development PartnerJoint venture 1Source Aero Services A.E. for maintenance of aircraft engine accessories for global military and civil aviation fleet.
• SNECMA (Safran)coreImplementation/ SI/ Consulting PartnerAuthorized Maintenance Center for M53-P2 engines. Certified for engine maintenance services.
• HoneywellcoreImplementation/ SI/ Consulting PartnerCertified for T53 engines maintenance. Authorized maintenance services for Honeywell aviation engines.
• Alenia AermacchicoreStrategic or Co-development PartnernEUROn UCAV consortium partner, one of the leading aerospace companies in the program.
• SaabcoreStrategic or Co-development PartnernEUROn UCAV consortium partner for European unmanned combat aerial vehicle development.
• EADS-CASA (Airbus)coreStrategic or Co-development PartnernEUROn UCAV consortium partner for European unmanned combat aerial vehicle development.
• RUAGcoreStrategic or Co-development PartnernEUROn UCAV consortium partner from Switzerland for European unmanned combat aerial vehicle development.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Turkish Aerospace Industries (TAI): Turkish state-owned aerospace and defense manufacturer producing aerostructures (F-16 components), aircraft (TFX, ANKA UAVs), and MRO services. Most directly comparable to HAI as a national aerospace prime serving armed forces with similar aerostructure and defense electronics portfolio.
• Hindustan Aeronautics Limited (HAL): Indian state-owned aerospace and defense company manufacturing aircraft, helicopters, engines, and providing MRO services. Comparable to HAI in scope (aerostructures, engines, MRO, defense electronics) and structure (state-owned defense prime with similar 50+ year history).
• Israel Aerospace Industries (IAI): Israeli state-owned aerospace and defense company and HAI's partner on BlueWhale submarine and BARAK-MX integration. Highly comparable across UAV, electronic warfare, missile systems, and military aircraft maintenance — overlapping product portfolio and state-ownership model.
• Korean Aerospace Industries (KAI): Korean state-linked aerospace prime producing T-50 trainer, KF-21 fighter, and aerostructures for Boeing/Airbus. Comparable to HAI as a national aerospace champion with fighter aerostructure work, MRO services, and growing UAV portfolio.
• Aero Vodochody: Czech aerospace manufacturer producing L-39/L-159 trainers, military aerostructures, and MRO services. Comparable mid-tier European defense/aerospace OEM with similar size profile (a few thousand employees), aerostructure focus, and state defense customer base.
• OGMA - Indústria Aeronáutica de Portugal: Portuguese state-owned aerospace MRO and aerostructure manufacturer (now part of Embraer). Closest size and scope match to HAI — military/civilian MRO, aerostructures, and OEM partnerships (Lockheed Martin, Rolls-Royce, Pratt & Whitney).
• RUAG: Swiss aerospace and defense company providing MRO, aerostructures, and defense systems. HAI's nEUROn consortium partner with overlapping capabilities in military aircraft MRO, ammunition, and aerospace manufacturing.
• PT Dirgantara Indonesia (Indonesian Aerospace): Indonesian state-owned aerospace manufacturer producing CN-235 transport, N-250, and providing MRO services. Comparable emerging-market state-owned aerospace prime with military transport MRO and aerostructure capabilities.

Regional players

• Patria: Finnish state-owned defense and aerospace company producing armored vehicles, military aircraft MRO, and avionics. Comparable European defense prime with similar MRO and systems integration focus; serves a different national market but operates in similar NATO ecosystem.

Broad incumbents

• Lockheed Martin: U.S. defense prime and HAI's largest customer (F-16 fuselage production, C-130 MRO authorization, F-16 Viper upgrade partner). Comparable as aerospace/defense manufacturer and serves as both customer and benchmark for HAI's tier-1 supplier role.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HAIcorp
• YouTubeyoutube.com/channel/UC928RoSEQwA96IMineMmz6A
• LinkedInlinkedin.com/company/hellenic-aerospace-industry
• Facebookfacebook.com/Hellenic-Aerospace-Industry-SA-166112040100064

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about The Hellenic Aerospace Industry