Overtaking China and Italy Israel Ranks as the World's Sixth Largest Arms Exporter in 2012

Israel's weapons sales jumped 74% since 2008, largely thanks to deals with India, according to IHS Jane's; U.S. tops the defense intelligence company's list of arms exporters, with more than $28 billion in defense deals in 2012.

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Israel ranked as the world's sixth largest arms exporter in 2012 with $2.4 billion worth of defense sales, according to IHS Jane's.