Europe Military

Israel is world’s largest exporter of drones, study finds

hermes

By Gili Cohen

Israel is the world’s largest exporter of unmanned aircraft, in terms of the number of systems sold, a study has found.

Over the last eight years Israel has exported $4.6 billion worth of unmanned aerial vehicles, according to a study by the business consulting firm Frost & Sullivan.

UAVs, or drones, constitute nearly 10 percent of Israel’s total military exports.

Unmanned equipment exports are a relatively volatile market, the report shows.

Israel had $150 million in UAV exports in 2008, a figure which increased substantially in 2009 to $650 million. Exports of the small surveillance planes peaked in 2010, a record year for drone sales, to $979 million.

http://www.haaretz.com/news/diplomacy-defense/israel-is-world-s-largest-exporter-of-drones-study-finds.premium-1.524771

Similar Posts