SOME MOBILE DEVICES
Free Headline Alerts     
Worldwide Web WorldTribune.com

  breaking... 


Wednesday, October 5, 2011     INTELLIGENCE BRIEFING

Report: Israel is world's No. 3 arms exporter, trailing only U.S. and Russia

WASHINGTON — Israel has become the No. 3 weapons supplier in the world, a report said.

ShareThis

The Congressional Research Service said Israel became the third biggest arms exporter in the world in 2010. In a report, CRS said Israel followed only the United States and Russia and signed agreements for $2 billion worth of orders last year.

The report, titled "Conventional Arms Transfers to Developing Nations, 2003-2010," did not cite Israel's major defense clients in 2010, Middle East Newsline reported. But author Richard Grimmett said Israel beat out such major suppliers as Britain, China, France and Italy in arms transfer agreements.


Also In This Edition

CRS reported that 2010 was an exceptional year for Israeli defense exports. Over the last eight years, Israel was ranked the No. 9 supplier with total exports of $6.7 billion, following such countries as Germany, Canada and Sweden.

Israel was also ranked No. 9 in arms delivery, with $1.1 billion. The three leading weapons deliverers were identified as the United States, Russia and Germany.

The report said Israel was also a major supplier to so-called developing nations, including India. CRS said Israel, ranked No. 8, signed weapons orders worth $8.2 billion from 2003 through 2010.

Last year, Israel, trailing China, was said to have signed $700 million worth of defense accords with developing states. CRS said Israel dropped from the sixth largest supplier to developing states to eighth in 2007.

In June 2011, the Israeli Defense Ministry said defense exports for the previous year reached $7.2 billion. The figure topped exports in 2009, reported at $6.9 billion.




God bless Israel, and keep it strong. Israel had no choice but to build up a large arms industry, as it could rely on no one, including the US, which sells tens of billions of dollars worth of arms to Israel's enemies and adversaries. Hence it must have its own indigenous sophisticated arms industry to survive. And without exports, it could not afford to do so.

jgarbuz      2:02 a.m. / Friday, October 7, 2011

About Us     l    Privacy     l    Geostrategy-Direct.com     l    East-Asia-Intel.com
Copyright © 2011    East West Services, Inc.    All rights reserved.