Israel defence exports hit record $13.1 billion in 2023

Israeli defence exports reached a record high of $13.1 billion in 2023. The exports were driven by missile and air defence systems, radar, electronic warfare, and other technologies. The Defence Ministry emphasised the importance of strengthening security relations globally, entering new markets, and reducing regulatory obstacles. Defence Minister Yoav Gallant highlighted the industry's dual focus on supporting national security and pursuing international partnerships through exports.