Israel Sets Record in Defence Exports with Over US$14.7 Billion in 2024

Arie Egozi - : Jun 5, 2025 - : 9:47 am

Israel's all-time defence export record has been broken for the fourth consecutive year, with over US$14.7 billion in 2024 – a 13% increase over the previous year. Defence exports have more than doubled over the past five years, More than...

To read the full article, please log in or enter your email below:

More than half of the deals (56.8%) were valued at over $100 million with over 50% of the deals being signed with European countries. 2024 is the fourth consecutive record-breaking year in terms of revenue generated from defence exports.

Since the outbreak of war on October 7, 2023, the IMOD and the country's defence industry have operated in emergency mode, mobilizing for the war effort with round-the-clock IDF production while maintaining foreign client manufacturing. The war's operational achievements and the proven battlefield performance of Israeli systems have driven strong international demand for Israeli defence technology, concluding 2024 on a remarkably high note with record-breaking export deals.

The export of missiles, rockets, and air defence systems reached a new significant milestone, accounting for 48% of the total deal volume, up from 36% in 2023. Similarly, satellite and space systems exports saw substantial growth, representing 8% of deals in 2024 compared to 2% in 2023. Additionally, there was significant growth in contracts with European countries, which accounted for 54% of the total deal volume in 2024, compared to 35% in 2023.

Significant tiers of defense exports: Missile, rocket, and air defense systems (48%), vehicles and APCs (9%), satellites and space systems (8%), radar and EW (8%), manned aircraft and avionics (8%), observation and optronics (6%), intelligence, information and cyber systems (4%), ammunition and armaments (3%), weapon stations and launchers (2%), C4I and communication systems (2%), drones and UAVs (1%), and maritime systems and platforms (1%).

Defence export data by geographic distribution: Europe (54%), Asia and the Pacific Region (23%), Abraham Accords countries (12%), North America (9%), Latin America (1%), and Africa (1%).

Distribution of agreements by financial scope: Agreements over $100 million (56.8%), agreements between $50-100 million (9.5%), agreements between $10-50 million (16.3%), and agreements up to $10 million (17.4%).

“Precisely during a difficult and complex year of war, Israel has broken an all-time record in defense exports – $15 billion," said Defence Minister Israel Katz. "This tremendous achievement is a direct result of the successes of the IDF and defence industries against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen, the Ayatollah regime in Iran, and in additional arenas where we operate against Israel's enemies. The world sees Israeli strength and seeks to be a partner in it. We will continue strengthening the IDF and the Israeli economy through security innovation to ensure clear superiority against any threat – anywhere and anytime.”

“The new record in Israeli defence exports, achieved during a year of war, reflects more than anything else the growing global appreciation for Israeli technology’s proven capabilities," said IMOD Director General, Maj. Gen. (Res.) Amir Baram. "Israeli systems have resonated throughout the Middle East this past year. More nations want to protect their citizens using Israeli defence equipment."

“For the fourth consecutive year, we’re witnessing record-breaking Israeli defense exports, with 2024 reaching an all-time high of over $14.7 billion," said Head of SIBAT, Brig. Gen. (Res.) Yair Kulas. "These impressive results stem from an innovative, creative, and pioneering defence industry, producing cutting-edge systems across air, land, intelligence, and naval domains. This export volume reinforces Israel's position as a leading defence-technology powerhouse and demonstrates the superior quality of Israeli systems and international confidence in their proven battlefield capabilities."

Israels-all-time-defence-export-record /

MORE NEWS