12/06/22

Permalink Israeli defense firms lead explosive growth in Mideast arms sales — study

Israel’s Elbit Systems was among the world’s top arms manufacturers last year, leading a Middle Eastern region that saw weapons sales grow more than anywhere else in the world, according to research published Monday. | Globally, sales of arms and military services among the world’s top 100 arms companies grew to $592 billion in 2021, according to the latest report from the Stockholm International Peace Research Institute (SIPRI).  The 1.9 percent rise came even as the industry was limited by worldwide supply issues related to the pandemic, with the war in Ukraine increasing demand while worsening supply difficulties.  Meanwhile, sales from the eight largest Chinese arms companies rose 6.3% to $109 billion in 2021. European companies took 27 of the spots on the top 100, with combined sales of $123 billion, up 4.2% compared to 2020. The report also noted a trend of private equity firms buying up arms companies, something the authors said had become increasingly apparent over the last three or four years. This trend threatens to make the arms industry more opaque and therefore harder to track.

Israel lobby moves to label NGOs exposing Zionist crimes as "terrorists" (Vanessa Beeley)
Drones and Death: The Israeli Connection (Ed Kinane)(02/06/10)
For Israel, a reckoning (John Pilger)(01/17/10)

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