JERUSALEM, June 4 (Reuters) - Israel's defence exports
rose 13% in 2024 to a record of nearly $15 billion, led by
missiles, rockets and air-defence systems with over half the
deliveries going to European militaries, the government said on
Wednesday.
Military exports, the Defence Ministry said in a statement,
have more than doubled over the past five years, reaching nearly
$15 billion in value in 2024.
The ministry said that since the outbreak of the Gaza war on
Oct. 7, 2023, Israel's defence industries have operated in
emergency mode with round-the-clock arms production while also
maintaining manufacturing for foreign clients.
"The new record in Israeli defence exports, achieved during
a year of war, reflects more than anything else the growing
global appreciation for Israeli technology's proven
capabilities," said Defence Ministry Director-General Amir
Baram.
"Israeli systems have resonated throughout the Middle East
this past year. More nations want to protect their citizens
using Israeli defence equipment."
The ministry said there was significant growth in contracts
from Europe last year, where exports accounted for 54% of the
total, up from 36% in 2023. Asia-Pacific was next at 23% with
the United States at 9%.
Missile, rocket and air defence systems comprised 48% of
defence exports, followed by vehicles and armoured personnel
carriers at 9%, and satellites and space systems, radar and
electronic warfare, manned aircraft and avionics at 8% each.
Some 57% of contracts amounted to more than $100 million.