24 Israel’s defense technology industry is often portrayed through the lens of geopolitics. But for entrepreneurs, innovators, and investors, the more interesting story is economic and industrial. A small country has built a sector that generates over USD14 billion a year in exports, creates enduring international partnerships, and pioneers technologies. While this does not come without its challenges - licensing, politics, scrutiny - but those are the price of admission to a market that is only expanding. For those willing to navigate the complexity, the opportunities are substantial. As the Israeli MOD itself said of the 2024 results: another record year, and no sign of slowing down.
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