Israel defense exports hit record $13.1 billion in 2023
The ministry said defense exports had become a central priority as part of an effort to strengthen security-strategic relations worldwide.
Israeli defense exports rose to a record $13.1 billion in 2023, a government report said on Monday, citing hundreds of contracts signed at various defense firms.
Some 36% of exports came from missile, rocket and air defense systems, followed by radar and electronic warfare, weapon stations and launchers at 11% each, with crewed aircraft and avionics at 9%, the Defense Ministry said.
Doubled exports
Defense exports, which totaled $12.5 billion in 2022, have doubled over the past five years.The ministry said defense exports had become a central priority as part of an effort to strengthen security-strategic relations worldwide, enter new markets, remove bureaucratic barriers and reduce regulation.