European orders cost more than 50% of Israeli weapons, the country’s Ministry of Defense said.
Last year, Israel exported weapons record volumes for $ 14.8 billion. This is 13% more than 2023. It is stated in the country’s Ministry of Defense, the local publication The Times of Israel is reporting.
More than 50% of 2024 contracts were in European countries against 35% a year before. Experts associate European demand for changing the situation in the world.
In addition, 23% of exports were taken to countries of the Asia-Pacific region, and another 9% in North America.
In particular interest to customers are Israel’s air defense systems. About half of all export contracts (48%) fall into complexes like an iron dome, Sling David, an arrow and so on. It was significantly higher than 36% in 2023, the military department said.
The Stockholm Institute for Research of Peace Problems (SIPRI) in a report published in April reported that in 2024 the most sharp increase in defense costs worldwide was recorded at least the end of the Cold War – 9.4%.
Defense costs have grown in all regions and most Europe and the Middle East.
Remember that by the end of January this year, Osint researchers claimed that Israel was “supplies to Ukraine” Russian weapons obtained in Gaza, Lebanon and Syria.
Israel denied the transfer of armed forces of the armed forces of the armed forces
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.