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Israeli arms companies’ revenues soared in 2024

Israeli arms companies’ revenues soared in 2024

Summary

Israeli arms companies saw record revenues in 2024, with defense exports reaching nearly $15 billion. The majority of Israel's weapons exports went to European countries and Asia Pacific regions. This increase occurs amid allegations of war crimes against Israel in international courts.

Key Facts

  • Israeli arms companies made almost $15 billion in revenue in 2024.
  • Weapons exports increased by 13% compared to the previous year.
  • More than half of the weapons deliveries were to European countries.
  • Israeli exports also went to the Asia Pacific region, primarily to India.
  • Israel faced charges of genocide at the International Court of Justice.
  • The International Criminal Court issued arrest warrants for Israeli leaders for alleged war crimes.
  • Exported technology includes missiles, rockets, air-defense systems, AI, and surveillance tools.
  • Despite increased demand from Europe, some countries, like Spain, have limited arms imports from Israel.

Source Information