At $1.5 bn, India is Israel’s largest arms buyer

Buoyed by Indian defence procurement worth $1.5 billion, the Israeli defence industries have recorded all time high sales figures in 2006.

“India was Israel’s biggest customer with purchases reaching $1.5 billion,” Maj Gen. Yossi Ben-Hanan, head of SIBAT, the Foreign Defense Assistance and Defense Export Department at the defence ministry told The Jerusalem Post.

It included Israel’s single largest sale to a foreign country made by the Israel Aircraft Industries in the sale of the Barak Naval anti-missile defense system, valued at some $450 million, Ben-Hanan told the daily.

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