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Israeli defense exports hit record high
Israel sold some $7.5 billion in defense products in 2012 -- a record high -- the Defense Ministry revealed on Tuesday, but officials voiced concerns that the coming year could see a slump in sales.

Speaking to reporters at the Defense Ministry in Tel Aviv, Brig.-Gen. (res.) Shmaya Avieli, director of Defense Export and Defense Cooperation (known by its Hebrew acronym, "Sibat"), pointed to an ongoing economic downturn as one factor for decreased projected sales.

...Israel recorded $1.64b. of defense sales to Europe, while US purchases totaled some $1.2b.

...Brig.-Gen. Eitan Eshel, head of research and development for the Defense Ministry's Administration for the Development of Weapons and Technological Infrastructure (known as "Mapat"), said the IDF had access to technological solutions -- both operational and under development -- to the threat posed by the Russian S-300 air defense system. Moscow has vowed to complete the sale of the system to Damascus, which would threaten IAF activities in the region.
Posted by: g(r)omgoru 2013-07-24
http://www.rantburg.com/poparticle.php?ID=372738