SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: LindyBill1/14/2007 5:22:23 AM
   of 793900
 
I had no idea they were manufacturing this much.

The Little Giant

January 13, 2007: Israels arms sales last year were $4.5 billion. This is about ten percent of all arms exports sales, world-wide, and makes Israel the fourth largest exporter (behind the U.S., Britain and Russia). The U.S. has, since the end of the Cold War, accounted for about a third of world arms sales, but Israeli sales have been constantly rising. About a third of Israel's sales last year were to one customer; India.

Since 2002, Israel has sold $4.3 billion worth of weapons to India. About ten percent of the sales to India are for Barak anti-missile systems for ships. The Barak system uses small missiles to shoot down incoming anti-ship missiles. Israel weapons have a solid reputation for reliability and effectiveness. Israeli success in several wars adds to the appeal of their armaments. U.S. and Israeli arms manufacturers often work together, which also gives Israel an edge when selling their equipment.

strategypage.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext