Normalization deals enormously benefited Israel’s arm industry: Report
(last modified Mon, 10 Oct 2022 12:24:49 GMT )
Oct 10, 2022 12:24 UTC
  • Normalization deals enormously benefited Israel’s arm industry: Report

A report says the Israeli arms industry has disproportionately benefited from the warming of ties between Israel and some Arab countries, as deals worth more than $3 billion have been signed between the regime and three countries that normalized their ties with it in the past two years.

The Wall Street Journal on Sunday said Israel embraced its expanding acceptance by once-wary Arab countries by signing military deals with the United Arab Emirates, Bahrain and Morocco after it reached normalization agreements with them.

“Few have benefited more from the warming relations than Israel’s military contractors,” the WSJ said.

The Tel Aviv regime’s Ministry of War has announced that the Israeli military companies have sealed over $3 billion in deals with the three countries since the agreements were reached.

The Ministry said military sales to the Persian Gulf Arab countries hit 7% of total exports last year, helping drive Israel’s global military sales to a record $11.3 billion.

The deals include supplying the UAE and Bahrain with advanced air defenses, according to former Israeli officials and military contractors.

The contractors have also sealed a deal with Morocco to build drone factories in the north African country.

According to the contractors, talks are underway to sell the three nations everything from advanced radar technology to cybersecurity systems.

The WSJ cited former Israeli leaders and arms-industry officials as saying that the UAE bought a small Israeli surface-to-air missile system designed to bring down drones last year to allegedly protect its high-profile World Expo from Yemeni retaliatory attacks over Abu Dhabi’s involvement in the Saudi-led war on the impoverished country.

ME

Tags