ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the September 2004 issue


Israel Accounts for 12% of World's Military Exports


Israel military export sales of $2.5b.-$3.5 b. represent a 10%-12% share of the world's military-related production. According to Israel Defense Ministry Director General Amos Yaron total global military sales are estimated at $30b. .
Yaron said that 80% of Israel's military production is now destined for overseas customers. The Israel Defense Forces was the prime customer in the past, purchasing some 80 to 90% of the local military production. This change in allocation can be attributed to the IDF's reduced demand for locally-produced military products.
Israel also exports "surpluses" of weapons and tanks no longer in IDF service, worth some $125 million annually, Ben-Hanan said.


Reprinted from the Israel High-Tech & Investment Report September 2004

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