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    Home»Latest News»Israeli arms companies’ revenues soared in 2024 | Gaza News
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    Israeli arms companies’ revenues soared in 2024 | Gaza News

    Ironside NewsBy Ironside NewsDecember 21, 2025No Comments3 Mins Read
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    Worth of Israel’s defence exports elevated 13 p.c in 2024 in contrast with the earlier yr to a report of virtually $15bn.

    Israeli arms firms made record-high revenues final yr, as weapons producers market a few of their merchandise as “battle-tested” after their deployment in Israel’s genocidal warfare in opposition to the Palestinian individuals in Gaza.

    Israel’s defence exports elevated 13 p.c in 2024 in contrast with the earlier yr to a report of virtually $15bn, dominated by missiles, rockets and air-defence techniques, the Israeli authorities stated in an announcement in June.

    Advisable Tales

    record of 4 objectsfinish of record

    Greater than half the deliveries in 2024 went to European militaries, whereas different shipments went to nations within the Asia Pacific area, led by India.

    Israel is among the prime 10 arms-exporting countries on this planet.

    The rise in revenues final yr got here as Israel confronted allegations of genocide in a case introduced by South Africa on the Worldwide Courtroom of Justice (ICJ), whereas the Worldwide Felony Courtroom has issued arrest warrants for Prime Minister Benjamin Netanyahu and his former Defence Minister Yoav Gallant for alleged warfare crimes.

    “Israel sells the thought of getting away with it,” Antony Loewenstein, creator of The Palestine Laboratory: How Israel Exports the Know-how of Occupation Across the World, informed Al Jazeera.

    “There’s a very nice enchantment of that to many different nations.”

    Shir Hever, an Israeli arms commerce specialist, stated that the nations that import Israeli weapons are conscious that their motion is “unlawful”.

    Hever informed Al Jazeera: “[Buyers] know {that a} genocide is going down, and third nations are underneath a authorized obligation to not commerce with nations which might be committing warfare crimes and crimes in opposition to humanity.”

    As Israeli weapons firms improve revenues, Palestinians in Gaza who’ve survived the warfare recount assaults that killed their family members.

    Kareem al-Birawi informed Al Jazeera that his mom and three siblings had been killed in a quadcopter assault on the Osama Ben Zaid Faculty in Jabalia final yr.

    “I noticed the drone enter the room. There was a crimson flash, then smoke got here out,” he stated.

    “After that, there was an explosion and hearth. My mum and aunt had been screaming. Then all of them went silent.”

    ‘We’re watched on a regular basis’

    Israeli arms exports additionally embrace synthetic intelligence and surveillance instruments corresponding to facial recognition know-how, which is put in in a whole bunch of places within the occupied West Financial institution and used extensively in Gaza.

    Ahmad Lubbad, a launched Palestinian detainee, found the extent of Israel’s surveillance in December 2023 when he was detained.

    He informed Al Jazeera that the Israeli troopers knew his spouse’s cellphone quantity, his new and previous addresses, and the names of his neighbours and everybody he labored with.

    “After what I went by way of within the interrogation, I’m satisfied we’re watched on a regular basis. Completely uncovered,” Lubbad stated.

    Israel’s Ministry of Defence stated in June that there was large development in demand from Europe in 2024, with exports rising to 54 p.c of the whole from 36 p.c in 2023. Asia Pacific adopted Europe at 23 p.c, and america at 9 p.c .

    Regardless of the elevated demand from Europe, some nations, corresponding to Spain, have imposed restrictions on arms imports from Israel.



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