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Thursday April 25, 2024

Israeli defence sales $7.2 billion in 2019

By AFP
June 23, 2020

OCCUPIED AL-QUDS: Israel’s defence exports amounted to $7.2 billion in 2019, slightly down from $7.5 billion the previous year, the government said on Monday.

As in 2018, the bulk went to Asia and the Pacific region, according to a defence ministry statement. The head of Israel’s International Defence Cooperation Directorate, Yair Kulas, said the novel coronavirus pandemic was likely to impact this year’s sales.

"We were expecting to see a trend of growth in G2G (government-to-government) agreements throughout the year 2020, but the corona(virus) pandemic has devastated the global economy and the defence sector," Kulas said in the statement.

The Israeli government does not comment on individual arms contracts, but Monday’s statement said radar and early warning systems accounted for 17 percent of sales, with missiles, rockets and air defence systems bringing in 15 percent. It said that piloted aircraft and avionics contributed to 13 percent of 2019 sales, with Unmanned Aerial Vehicles (UAVs) and drone systems amounting to eight percent.