Israel's Defense Export Sales Exceed Record $9 Billion
The number marks a 40 percent increase since 2016, when defense exports stood at $6.5 billion
Yaniv Kubovich May 02, 2018 5:19 PM
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Barak 8 missile weapons system jointly developed by Israel and India, in 2016.Israel Aerospace Industries
Goodbye uzi, hello big brother: The Israelis arming the world with sophisticated cyber-weapons[/paste:font]
Israel's defense export sales hit a new record in 2017, reaching a total of $9.2 billion. Sibat, the Defense Ministry’s export organization, released the figures on Wednesday. This is a 40 percent increase over 2016, when defense exports were $6.5 billion.
The main destination for such sales was the Asia and Pacific region, accounting for 58 percent of defense exports last year. This reflects the largest deal in 2017, a $2 billion contract with India by Israel Aerospace Industries for advanced air defense systems, including a deal for the Barak 8 missile interceptor worth $1.6 billion. This sale also includes the missiles, launchers, communications and control equipment and radars.
European customers bought 21 percent of the defense exports, followed by North America, Africa and Latin America.
https://www.haaretz.com/israel-news/israel-s-defense-export-sales-exceed-record-9-billion-1.6052046
The number marks a 40 percent increase since 2016, when defense exports stood at $6.5 billion
Yaniv Kubovich May 02, 2018 5:19 PM
0comments Subscribe now
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Barak 8 missile weapons system jointly developed by Israel and India, in 2016.Israel Aerospace Industries
Goodbye uzi, hello big brother: The Israelis arming the world with sophisticated cyber-weapons[/paste:font]
Israel's defense export sales hit a new record in 2017, reaching a total of $9.2 billion. Sibat, the Defense Ministry’s export organization, released the figures on Wednesday. This is a 40 percent increase over 2016, when defense exports were $6.5 billion.
The main destination for such sales was the Asia and Pacific region, accounting for 58 percent of defense exports last year. This reflects the largest deal in 2017, a $2 billion contract with India by Israel Aerospace Industries for advanced air defense systems, including a deal for the Barak 8 missile interceptor worth $1.6 billion. This sale also includes the missiles, launchers, communications and control equipment and radars.
European customers bought 21 percent of the defense exports, followed by North America, Africa and Latin America.
https://www.haaretz.com/israel-news/israel-s-defense-export-sales-exceed-record-9-billion-1.6052046
