US Edition
From Europe to Asia: Why Israel’s Defense Tech Is in High Demand
- Israel set a record in 2024 by exporting $14.8 billion in arms, with Europe as its largest market accounting for 54 percent of sales.
- The surge followed ongoing conflicts and military successes combined with increased European defense spending amid the war in Ukraine.
- Israel's main exports include missiles, air defense systems, vehicles, radars, and smaller shares of drones and electronics, while arms exports to Arab states rose to 12 percent.
- Defense Minister Israel Katz emphasized that Israel's military capabilities have attracted global interest, with over half of the export agreements exceeding $100 million in value.
- Despite international criticism tied to Gaza, Israel's defense sector showed resilience and expanded global partnerships, especially in Europe and Asia.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
All
Left
3
Center
1
Right
2
The New Global Arms Race: Who’s Buying, Who’s Selling, What’s at Stake
Welcome to the new global arms race: faster, smarter, more dangerous and more expensive than ever. In 2024, world military spending surged to a record $2.7 trillion, the steepest annual increase since the Cold War's end, driven largely by European, Asian and Middle Eastern nations.Who's buying?Faced with threats from Russia, Europe has ramped up defense budgets, with Poland's spending growing by 31% to $38 billion and Sweden’s by 34% to $12 bill…
Israel posts record $14.7B in defense deals as European demand soars: What to know
European customers are largely behind the jump in Israeli weapons sales, and one expert said concerns over Israel’s conduct in the war in Gaza appears to have had only a limited effect on Europe’s demand for Israeli weapons.
·Washington, United States
Read Full Article
Coverage Details
Total News Sources12
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
Factuality
To view factuality data please Upgrade to Premium
