Israel provides the countries of the “Abraham Accords” with defense systems worth $800 million
Last year, Israel’s weapons exports to nations with which it plans to normalize relations in 2020 totaled roughly $800 million.
According to “Bloomberg,” the country’s military industry exports to other countries increased by 36% year over year, driven mostly by air defense magazines, systems, and training services.
According to the Israeli Ministry of Defense, the “Abraham Agreements” countries received 7% of Israel’s exports (about $791 million). Defense exports reached $11.3 billion in 2020, up from $8.3 billion the previous year.
Europe and the Asia Pacific area account for the majority of revenue. According to the Defense Department, nearly 40% of the deals signed last year were worth more than $100 million.
In a series of treaties brokered by former US President Donald Trump’s administration in 2020, Israel normalized diplomatic relations with the UAE, Bahrain, Morocco, and Sudan.