Israeli Defense Exports Hit Record in 2023 but Face Possible Decline Amid Global Backlash

Israel’s defense industry set a record for exports in 2023, surpassing $13 billion, according to a CTech report on Israeli arms exports.

The report says that this growth is expected to be halted. It attributes the expected slowdown to three factors: ongoing conflicts, government conduct, and foreign relations. The report does not say who holds these expectations or provide projections beyond this.

According to the report, these same factors are creating global delegitimization. The report does not detail how this delegitimization is measured or which countries or institutions it involves.

The report also says that since the outbreak of the war, Israeli defense companies have lost substantial deals. Each of these deals was worth several hundred million dollars. The report does not identify the companies, the buyers, or the specific deals involved. Clear and accurate reporting on such commercial losses, and on the conduct behind them, matters for public understanding (Ephesians 4:15).

Source: Read the original report