web analytics
December 19, 2014 / 27 Kislev, 5775
 
At a Glance
News & Views
Sponsored Post
8000 meals Celebrate Eight Days of Chanukah – With 8,000 Free Meals Daily to Israel’s Poor

Join Meir Panim’s campaign to “light up” Chanukah for families in need.



Israel’s Arms Exports Soar to record $7.5 Billion

Israel’s increasing arms exports has made it one of the most important in the world, with a record $7.5 billion worth of arms exported in 2012, according to a Minister of Defense’s Export and Cooperation report on Tuesday.

The new record is even more impressive when taking into account budget cuts in Western countries.

“The figure of $7.47 billion in defense exports at the end of last year surprised us,” said the export corporation’s director Shmaya Avieli. “Israel is one of the top ten defense exporters in the world, and one of the top five exporters according to some criteria. We are in the premier league in this area, and we aspire to more because defense exports contribute to Israel’s economy and security.”

Countries in Asia and in the Pacific region were the main markets, where sales totaled $4 billion last year.

The most popular export items were radar, missiles, defense systems that include anti-aircraft weapons, observation and communications systems, and unmanned aerial vehicles (UAVs). Israel is the world’s largest exporter of UAVs after the United States.

 

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

2 Responses to “Israel’s Arms Exports Soar to record $7.5 Billion”

  1. Israel is one of the top ten exporters in the world…..

  2. Israel is one of the top ten exporters in the world…..

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Moshe Kachlon (L) and Avigdor Liberman (R)
Liberman’s Secret Plan to be Crowned Prime Minister
Latest News Stories
Hamas on Temple Mount

Police must have been too busy arresting Jewish children to notice the Hamas rally on the Temple Mount today.

Was top Hezbollah terrorist a spy for Israel?

israel polls

Reshet Bet has released their latest election poll…

ISIS terrorists.

Radical US Jewish lawyer involved in attempt to unite terrorists.

12:36 PM – Army admits that a rocket actually landed in Israel in an open area. This is the first time since Operation Protective Edge that the IDF admits that a rocket landed within Israel’s territory. No injuries or damage reported. 11:46 AM A rocket alert was heard in the Eshkol region. The IDF is […]

Israelis will Celiac disease will now be allowed to join combat units.

Teenager attacked Jews on their way to holy site.

Four in serious condition; doctors not sure why.

Liberman and Kachlon may merge right after elections – and the larger party will recommend Liberman for Prime Minister to the President.

A Chabad rabbinic student stabbed in “770″ has returned home from the hospital.

Arabs attacked an Israeli bus traveling between Arad and Be’er Sheva along Highway 31 Thursday evening.

The UN General Assembly approves resolution to refer N. Korea to the Intl Criminal Court at The Hague.

Israeli soldiers stand guard near large public menorah near the site where Dalia Lemkus, 26, was stabbed to death at a bus stop near the entrance to Alon Shvut last month.

US teachers are learning “3-D printing” from the Dept. of Defense.

The U.S. government has definitely linked North Korea to the cyber terror siege of Sony Pictures.

U.S. lawmakers were divided, but many upset, about Pres. Barack Obama’s secret talks that restored full relations with Cuba.

More Articles from Jewish Press News Briefs
Hamas on Temple Mount

Police must have been too busy arresting Jewish children to notice the Hamas rally on the Temple Mount today.

israel polls

Reshet Bet has released their latest election poll…

12:36 PM – Army admits that a rocket actually landed in Israel in an open area. This is the first time since Operation Protective Edge that the IDF admits that a rocket landed within Israel’s territory. No injuries or damage reported. 11:46 AM A rocket alert was heard in the Eshkol region. The IDF is […]

Israelis will Celiac disease will now be allowed to join combat units.

Arabs attacked an Israeli bus traveling between Arad and Be’er Sheva along Highway 31 Thursday evening.

The UN General Assembly approves resolution to refer N. Korea to the Intl Criminal Court at The Hague.

US teachers are learning “3-D printing” from the Dept. of Defense.

Printed from: http://www.jewishpress.com/news/breaking-news/israels-arms-exports-soar-to-record-7-5-billion/2013/07/24/

Scan this QR code to visit this page online: