Israeli arms exports hit new record

Israel’s defense exports have reached a new record in 2021, amounting to $11.3 billion.

The number of new agreements signed increased by more than 30% compared to 2020 according to Defense Ministry figures.

The ministry’s International Defense Cooperation Directorate (SIBAT) stated that defense exports totaled $11.3 billion last year, up from $8.3 billion in 2020.

Head of SIBAT, Brig. Gen. Yair Kulas, told reporters that “Israel’s defense exports have reached double-digit figures for the first time, reaching a 55 percent increase within two years.”

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