(photo credit: Ariel Jerozolimski)
Israeli industries noted a record on Wednesday in defense exports, reaching an
unprecedented $7.2 billion in comparison to $6.9b. in 2009, the Defense Ministry
announced ahead of the Paris Air Show, which opens next week.
RELATED:Ban on China arms sales in place despite Barak visit
believed to be one of the world’s top four exporters of arms with
specializations in the development and production of unmanned aerial vehicles,
mini satellites, command-and-control systems, armored vehicles and the
refurbishment of various types of commercial and military
Brig.-Gen. (res.) Shmaya Avieli, head of SIBAT, the Defense
Ministry’s Foreign Defense Assistance and Defense Export Department, expressed
satisfaction with the financial results for 2010 but said Israel is still facing
a number of challenges due to the continued global economic crisis and the
expected coalition withdrawal from Iraq and Afghanistan.
the challenges but are working hard to maintain the level we are currently at
and even to increase it,” Avieli said on Wednesday.
In total, Israeli
defense companies sold $9.6b. worth of military hardware in 2010, out of which
$2.4b. went to the IDF. In recent years, defense industries have invested in
establishing joint ventures and partnerships in South America, Asia and South
Fifteen Israeli companies will set up exhibits at the air show,
including a number of small and medium-sized companies that will be in Paris for
the first time. SIBAT recently established a new “small business” division aimed
at assisting smaller Israeli companies to break into the international defense
The Iron Dome counter-rocket defense system will be one of the
main attractions in the Israeli pavilion. The Iron Dome succeeded in
intercepting nine Kassam and Katyusha rockets fired from the Gaza Strip into
Israel in April.
Defense Ministry director-general Udi Shani said the
Iron Dome’s success served as potential for new growth in future exports.
Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>