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Israel says military exports hit $8.3 bn in 2020 by AFP Staff Writers Jerusalem (AFP) June 1, 2021 Israeli military exports reached $8.3 billion in 2020, buoyed by a 15 percent spike in the number of agreements signed compared with the previous year, the government announced Tuesday. Despite fears the coronavirus pandemic would impact 2020 sales, Israel cited new markets in allowing sales jumping $1 billion from 2019. It's the second highest sales figure ever, behind 2017, when the total hit $9.2 billion. "During the past year, we have worked intensively to deepen government agreements and cooperation with our partners around the world, and we will continue to do so," Defence Minister Benny Gantz was quoted as saying in a statement from his office. As in previous years the bulk of the military exports went to countries in Asia and the Pacific region, the ministry statement said. The government figures said radar and early warning systems along with ammunition and armament each contributed 16 percent of sales, while manned aircraft and avionics accounted for 13 percent, as did observation and optronics. Missiles, rockets and air defence systems sales contributed 10 percent. Other areas included communication, drone and intelligence systems. Sales to the Asia and the Pacific region comprised 44 percent, with 30 percent going to Europe, 20 percent to North America, four percent to Africa and two percent to Latin America. A major supplier of arms to Azerbaijan, Israel in 2020 came under diplomatic fire from Armenia over the struggle between the Caucasus neighbours in disputed Nagorno-Karabakh. According to data from the Stockholm International Peace Research Institute (Sipri), over the past five years Israel has been the top supplier of arms to Azerbaijan, with sales of more than $740 million, putting it ahead of Russia.
GAO report: Lack of data causing delays in military spare parts contracts Washington DC (UPI) May 26, 2021 A lack of pricing data is slowing Defense Department contract awards, a Government Accountability Office report released on Wednesday indicates. The 31-page report focuses on sole-source spare parts used on military vehicles, ships, aircraft and systems, and notes that the Pentagon relies on cost information provided by contractors to determine prices. In one case, the report cites a contract reviewed by the GAO that was delayed by over three years because adequate cost information was n ... read more
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