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Israel now the world's fourth biggest arms exporter
Jerusalem (AFP) Dec 10, 2007 Israel has become the world's fourth largest weapons exporter, shipping out arms worth more than four billion dollars so far this year, the defence ministry said on Monday. Only the United States, Russia and France export more arms than Israel, said the ministry's director general Pinchas Bucharis in a statement. New legislation to come into effect by the end of December will tighten control of Israeli companies and agents that sell arms or security-related equipment. Israel's defence ministry is bombarded with around 5,000 requests for export authorisation each year, and around 70,000 requests to renew permits to export weapons or security-related material, Bucharis said. The United States is the biggest buyer of Israeli arms, followed by Asian countries, Europe and Latin America. The weapons industry employes 40,000 people in Israel. chw/jm/srm A Community Email This Article Comment On This Article Related Links The Military Industrial Complex at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
Eurofighter Consortium Signs Up For Saudi Arabia
Hallbergmoos, Germany (SPX) Dec 07, 2007Eurofighter GmbH has signed the contractual documents with its shareholder BAE Systems for the supply of 72 Eurofighter Typhoon aircraft to the Kingdom of Saudi Arabia. Aloysius Rauen, Chief Executive Officer Eurofighter GmbH, comments: "This contract represents the second export order for Eurofighter Typhoon, the world's most advanced next generation multi-/swing-role fighter aircraft. |
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