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Israel's Defense Sales Are Booming

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Israel's Defense Sales Are Booming

Jerusalem Post: Israel's defense sales grew 40 percent over past year

The majority of the new contracts that have been signed in the Asia-Pacific region were due to an increased focus on terror.

Israel's military exports rose by 40 percent in 2017, bringing in $9.2 billion in contracts, marking the third consecutive year of increased defense exports, Sibat, the military exports unit of the Defense Ministry, said Wednesday.

"This is a significant achievement for the Israeli defense export, which attests, above all, to the esteem and prestige accorded to the Israeli defense industries around the world, and the demand that their products have for their products," said SIBAT Director Brig.-Gen.(Res.) Michel Ben-Baruch.

"The Israeli defense industries are highly respected and trusted in the world, thanks to advanced and high quality technologies based on unique solutions proven by the IDF,” Ben-Baruch added.

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WNU editor: That is a lot of weapon and weapon related sales.


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