Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
JERUSALEM, June 5 (Xinhua) — Israel’s defense exports in 2024 will reach a record $14.8 billion, up 13 percent from a year earlier, the country’s Defense Ministry said Wednesday.
According to the department’s statement, about half of the signed contracts exceeded $100 million. Europe was the main partner region, accounting for 54 percent of all transactions.
Air defense systems accounted for the largest share of exports — 48 percent of the total volume of deliveries /in 2023 — 36 percent/. Satellite and space systems also demonstrated significant growth, with their share increasing from 2 to 8 percent.
Defense exports have reached new highs for the fourth year in a row, the ministry said. “Over the past five years, the volume of Israeli defense exports has more than doubled,” the statement said.
The ministry also stressed that since the start of the Israeli operation in the Gaza Strip in October 2023, the country’s defense industry has been in emergency mode: production for the needs of the army has been increased while maintaining commitments to foreign customers. According to the statement, the successful use of Israeli systems in recent conflicts has increased interest in them on the international market.
Israeli airstrikes have left much of the enclave in ruins and the death toll has risen to more than 54,510, according to Gaza health authorities. –0–