16 October 2019 - 17 Tishri 5780 - י"ז תשרי ה' אלפים תש"פ
Israel in Top 10 of global weapons sellers E-mail

Israel was rated in eighth place among the world’s leading sellers of weapons systems last year. In 2016, Israel’s four leading defence companies – Elbit Systems Ltd., Israel Aerospace Industries Ltd. (IAI), Rafael Advanced Defense Systems Ltd. and Israel Military Industries Ltd. (IMI) – had US$8.6 billion in sales to the defence market.

The ranking, by international accounting firm Baker Tilly, is based on figures from the US weekly, Defense News. The rating of the world’s 100 leading defence companies is based solely on their sales to the defence markets, and does not include civilian market sales and revenue.

Elbit Systems was the leading Israeli defence company in defence sales in 2016, although when civilian sales are included, IAI had larger sales. Elbit Systems was ranked 27th in the world in defence sales, while IAI was ranked 33rd.

According to Baker Tilly, Elbit Systems’ defence sales totalled US$3.1 billion in 2016, compared with US$2.6 billion for IAI. Rafael rose from 41st place in Baker Tilly’s international rankings for 2015 to 37th place for 2016, with US$2.3 billion in sales, up 17%, compared with the preceding year, making it one of the world’s fastestgrowing defence companies, according to Baker Tilly.

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