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Israeli arms sales hit new military record

News 11:22 12 Apr, 2022

Israeli arms sales reached a new record in last year

Israeli arms sales hit new military record

 Israeli arms sales reached a new record in last year, according to Defense Ministry, with officials citing a sharp increase in demand for Israeli-made weapons, Qazet.az reports according to Times of Israel.

The ministry’s International Defense Cooperation Directorate, known as SIBAT, said defense exports totaled $11.3 billion last year, up from $8.3 billion in 2020. Exports previously hit a record high of $9.2 billion in 2017 owing to several large deals.