Israel has set a new record in the global defense market despite being at war on multiple fronts. Its defense exports are projected to reach $19.2 billion in 2025, a 30% increase from the previous year. Meanwhile, Russia's arms exports have collapsed by nearly 92% due to the Ukraine war and international sanctions. Israel is rapidly filling the market void left by Russia, with high global demand for its missile and air defense systems.
https://argusnews.in/international/israel-arms-exports-surge-russia-defense-market-declines
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