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 by Staff Writers Jerusalem (AFP) June 22, 2020
Israel's defence exports amounted to $7.2 billion in 2019, slightly down from $7.5 billion the previous year, the government said Monday. As in 2018, the bulk went to Asia and the Pacific region, according to a defence ministry statement. The head of Israel's International Defence Cooperation Directorate, Yair Kulas, said the novel coronavirus pandemic was likely to impact this year's sales. "We were expecting to see a trend of growth in G2G (government-to-government) agreements throughout the year 2020, but the corona(virus) pandemic has devastated the global economy and the defence sector," Kulas said in the statement. The Israeli government does not comment on individual arms contracts, but Monday's statement said radar and early warning systems accounted for 17 percent of sales, with missiles, rockets and air defence systems bringing in 15 percent. It said that piloted aircraft and avionics contributed to 13 percent of 2019 sales, with Unmanned Aerial Vehicles (UAVs) and drone systems amounting to eight percent. Other areas included cyber and intelligence systems, ammunition and armament and naval systems. Sales to Asia and the Pacific region accounted for 41 percent of the total, according to the statement, with 26 percent going to Europe, 25 percent to North America and four percent each to Latin America and Africa.
French court orders jail terms for six over 1990s arms deal kickbacks Paris (AFP) June 15, 2020 A Paris court on Monday found three former senior French government officials and three others guilty on charges involving millions of euros in kickbacks from arms sales to Pakistan and Saudi Arabia signed in 1994. The court handed the men prison sentences of two to five years over the so-called "Karachi affair" which has dogged former prime minister Edouard Balladur, facing trial separately on charges he used the kickbacks to help fund his failed 1995 presidential bid. They were the first convi ... read more
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