• Monday, April 22, 2019

Israel’s Defense Exports in 2018 Surpassed $7.5 Billion

Discussion in 'Middle East & Africa' started by dani191, Apr 17, 2019 at 7:49 PM.

  1. dani191

    dani191 SENIOR MEMBER

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    Israel’s Defense Exports in 2018 Surpassed $7.5 Billion
    Most of the military exports consisted of missiles and air defense systems (24%). The largest distribution of defense exports was in the Asia Pacific region with 46%

    IsraelDefense | 17/04/2019 [​IMG]

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    Israeli defense exports in 2018 exceeded $7.5 billion (approx. 27 billion NIS), the International Defense Cooperation Directorate (SIBAT) of the Israel Ministry of Defense announced Wednesday.

    “Throughout the year, SIBAT, Israeli defense industries and various entities in the Ministry of Defense have succeeded in signing dozens of significant contracts,” IMOD said in a statement. “This is a particularly high figure in the history of Israeli defense exports.”

    Most of the military exports consisted of missiles and air defense systems (24%). A total of 15% of the exports were for UAVs and drone systems, 14% for radars and electronic warfare (EW) systems, 14% for aircraft and avionics, 12% for land systems, ammunition and weapon stations, 9% for observation and optronics systems, 6% for intelligence, information and cyber systems, 2% for C4I and communication systems, 1% for satellites and space-related systems, 1% for naval systems, and an additional 2% for customer services and other.

    The largest distribution of Israeli defense exports was in the Asia Pacific region with 46%, followed by Europe with 15%, North America with 20%, Latin America with 6%, and Africa with 2%.

    “We have concluded another successful year of Israeli defense exports,” said the Director of SIBAT, Brig. Gen. (ret.) Michel Ben-Baruch. “Over the past year, we have signed dozens of contracts with various countries around the world. The State of Israel specializes in the enhancement of land, air, and naval military systems and exports some of the most advanced technology in the world. The achievements of SIBAT and the Israel defense industries in the year 2018, are considered a great success. This serves as further evidence of the desire of more and more countries to cooperate with the State of Israel, and a sign of their confidence in the excellent capabilities of our defense industries.”
    https://www.israeldefense.co.il/en/node/38185
     
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  2. SSGcommandoPAK

    SSGcommandoPAK SENIOR MEMBER

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    Really Impressive, we only managed to reach the 1bn USD mark as of 2019!
     
    Last edited: Apr 19, 2019 at 1:06 AM
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  3. xyx007

    xyx007 FULL MEMBER

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    Israel is busy making money by selling weapons of mass destruction, and other countries are foolish enough to buy n stack them. What a pity. In the end - it is all about "MONEY". Who really cares about anything else? who in turn retaliates and uses their own arsenal to kill its enemies and the cycle goes on. Several thousand innocent men/women get killed in the process. The leaders, in the meantime, survive - make emotional speeches about the dead and promise retaliation, the big corporations thrive, making millions - if not billions, from these transactions and with all those profits, keep the leaders well protected and financially secured and unfortunately, this is how life goes on. As I said earlier, it is all about MONEY.
     
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  4. dani191

    dani191 SENIOR MEMBER

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  5. UKBengali

    UKBengali ELITE MEMBER

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    Do you have details of this?

    2bn USD military exports is really impressive.
     
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