Israel's Arms Industry Hoping Success of Iron Dome Will Bring It Sales

Favorable press alone will not boost sales; the global market has diverted defense spending to other needs since the global economic crisis in 2008.

The success of the Iron Dome system in intercepting rockets shot from Gaza this month has attracted positive attention to Israel's military industries. Several days into the recent fighting, the system was reported to have at least an 85% success rate in knocking out incoming rockets. But favorable press alone will not boost sales by the large number of military equipment firms here that rely on exports to...