Israeli Defense Ministry's annual report

Israeli Arms Sales Hit Record Over $13 Billion for Third Consecutive Year in 2023

Jun 17, 2024, 09:18 AM

Israeli arms sales have reached a new record of over $13 billion in 2023, marking the third consecutive year of record-breaking defense exports. According to the Israeli Defense Ministry, this figure is nearly double the value of exports compared to five years ago. Over a third (36%) of the agreements signed in 2023 pertain to missile, rocket, and air defense systems.