from the August 2013 issue

Israel ranked 6th worldwide in defense exports

Rankings by IHS Jane's, which specializes in the defense-military field, have positioned Israel in the sixth place with regards to defense exports.

Leading the list is the US ranked in the first place; Russia, which sold weapons during 2012 at a scope of $10 billion, is listed in the second place; France is listed third, with $4.5 billion. The UK, with exports totaling nearly four billion dollars, is listed in the fourth place, and Germany, which sold weapons and defense equipment at a scope of $3.5 billion, is listed in the fifth place.

According to the company's analysis, Israel sold systems at a scope of $2.4 billion, passing Italy, China, Canada and Sweden. According to IHS Jane's, Israel is ranked second worldwide in the sales of unmanned aerial vehicles (UAVs) after the US, in contrast to reports from other companies, including Frost and Sullivan, which determined that Israel is the world's leading UAV exporter. However, the company notes that as of next year, Israel will sell twice the number of UAVs sold by the US, and will become the world's leading exporter of UAVs during 2013.

According to the report, Israel's defense export has increased by 74% compared to 2008, primarily due to deals that were signed with India.

Reprinted from the Israel High-Tech & Investment Report August 2013

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