STORY: Israel's export of military equipment hits record high of 12.55 bln USD in 2022
DATELINE: June 15, 2023
LENGTH: 00:01:15
LOCATION: Jerusalem
CATEGORY: MILITARY

SHOTLIST:
1. a file footage about a weapon exhibition of the Israeli Defense Forces
2. a file footage about Israeli drones (courtesy of the Israeli Defense Forces)
3. various of Negev Summit 2022 (courtesy of GPO)
4. a file footage about a weapon exhibition of the Israeli Defense Forces
5. various of Israeli navy submarines (courtesy of the Israeli Defense Forces)

STORYLINE:

The export of Israel's military equipment reached an all-time high of 12.55 billion U.S. dollars in 2022, Israel's Defense Ministry said in a statement on Wednesday.

According to the ministry, 2022 was the second year in a row that the overall value of defense agreements broke records. Israel's export of military equipment has surged by 50 percent over the past three years.

Some 120 Israeli companies signed "hundreds" of new sales deals in 2022, with about half of them valued at over 100 million dollars, according to the statement.

Notably, in the wake of the so-called Abraham Accords -- a series of deals signed in 2020 in which the United Arab Emirates, Bahrain and Morocco agreed to normalize ties with Israel -- exports of military equipment to these countries reached 3 billion dollars, the ministry said.

In the global market, reconnaissance and attack drones attracted significant attention, with a quarter of the deals signed with foreign armies specifically focusing on these technologies.

Xinhua News Agency correspondents reporting from Jerusalem.
(XHTV)