Israel Aerospace Industries announced on August 7th the release of its consolidated financial statements, as of June 30th, 2013. Revenues amounted to US$896m in the second quarter, up 11% compared to the corresponding quarter. Exports accounted for 76% of revenues, compared with 78% in the corresponding quarter. Revenues in the military market accounted for 75% of total revenues, compared with 78% in the corresponding quarter. Gross profit in the second quarter amounted to US$148m (a 16.5% gross profit margin), compared with US$127m in the corresponding quarter (a 15.8% gross profit margin). Operating profit amounted to US$31m (3.4% of sales) in the second quarter, compared with US$26m (3.2% of sales) in the corresponding quarter. The Company’s Net profit in the second quarter amounted to US$18m (2% of sales), compared with a US$22m net loss in the corresponding quarter. As of the end of the current quarter, the order backlog stood at US$10.9bn, compared with US$9.7bn at the end of 2012. This order backlog guarantees three years of activity. 85% of the order backlog is designated for sales to overseas customers.