Record Israeli arms sales irk US

Israeli arms exports stand at USD 4.2 billion in 2006, concern over
another possible US attempt to limit sales to China

Ariyeh Egozi
Published: 12.10.06, 11:37 / Israel Money

Israeli arms exports are breaking records and officials are concerned
that it may irk the United States as the industry braces for a
possible repeat of previous US attempts to limit the sale of weapons
to certain countries, namely China.

Endangered Trade?

Defense Ministry: Trade with China resumed / Hanan Greenberg
Yaakov Toran gives first press briefing since he assumed position in
2005; says crisis with U.S. over China arms sale resolved, argues
against overspending on protective systems for Gaza border communities
In 2006 the Israeli Military Industries ended the year with an all
time record sum total of USD 4.2 billion in exports, not counting the
several multi-million dollar deals which are already in their final
stages.

Israel exports virtually everything, from Tavor assault rifles to
artillery shells to fortification systems, intelligence solutions,
missiles, drones and space equipment.

"The ability of the Israeli Military Industry annoys certain US
administration officials," said a source from within the security
industry on Saturday. He claims that these officials are making
allegations that Israel has sold technological information to
'problematic' countries like China.

The most noticeable growth in security exports was recorded in Israel
Aerospace Industries sales. In the first nine months of 2006 IAI sales
stood at USD 2 billion compared to USD 1.75 billion for the same
period the year before - a 14 percent increase.

Orders from the IAI reached USD 6.9 billion in late September
compared to USD 5.8 billion in 2005 - a 19 percent increase.

To compare, Russia's 2005 arms sales totaled at USD 7 billion (a 22
percent increase from 2004's USD 5.4 billion) but, as recently
revealed by President Vladimir Putin, will drop to USD 6 billion in
2006.

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