http://www.caat.org.uk/publications/armsfairs/dsei-2003-report/israel.php
"In 2002, Israel passed a military budget of $9.8bn, 8.9% of its GDP, ranking fiftieth in the
world's top military spenders.2 Israel also has a vibrant domestic military industry √ in 2002 it was the twelfth largest military
military exporter with main customers including Australia, Belgium, Chile, India, Romania,
Singapore, Turkey, USA and Venezuela.
3 According to the Israeli MoD, Israeli military firms signed $4bn in new contracts during 2002, a 64% increase on 2001.4
If implemented through actually deliveries, it was reported that this level of new
orders would put Israel in third place among the world's leading arms-producing nations,
behind the US and Russia.5 Israeli military industry is well-represented at DSEi with,
as of 17 August 2003, Rafael, Oceana Integrated Technologies, M-Systems,
Israel Military Industries and its subsidiary, Ashot Ashkelon Industries all due to exhibit. "