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Israel's Defense Exports Soar to Record $15 Billion in 2024

1/27/2026

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Story summary
  • In 2024, Israel's defense exports reached nearly $15 billion, the highest in Israel's history.
  • Israel Aerospace Industries (IAI) secured a $3.5 billion missile defense deal with Germany.
  • The ongoing conflict drives demand for Israeli military technology, with orders from India and several European nations.
  • Despite international condemnation, governments recognize the effectiveness of Israeli technology, contributing to a record backlog of $27 billion.