Breaking Defense
A senior official said the sales reflect “more than anything else the growing global appreciation for Israeli technology’s proven capabilities.”
JERUSALEM — Israel’s defense exports set a new record in 2024, reaching $14.7 billion in value, Israel’s Ministry of Defense announced today.
This is the third year in a row that Israeli defense exports have reached a record level, a feat that comes as Israeli industry has also been supplying the nation’s own forces for combat on several fronts. The ministry said that 54 percent of the 2024 deals were with European countries.
“Israel has broken an all-time record in defense exports,” Israeli Defense Minister Israel Katz said, noting that it came during a “difficult and complex year of war.” He said that the “tremendous achievement is a direct result of the successes of the IDF and defense industries against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen, the Ayatollah regime in Iran, and in additional arenas where we operate against Israel’s enemies.”
