What Happened
Demand For Missiles And Air Defense Drives 30 Percent Boost
Israel’s defense ministry has announced that the country’s defense exports have reached a new record, driven by a 30% increase in demand for missiles and air defense equipment. The total value of exports in the past year was $19.2 billion, marking the fifth consecutive year that the total has surpassed the prior year’s high. This growth reflects the country’s strong position in the global defense market, with its exports being sought after by countries looking to enhance their military capabilities. The news was reported by Aviation Week.