On Tuesday, March 7, 2023, 6:00 pm - 7:15 pm (EET), the U.S. Commercial Service is horting a webinar on business opportunities with Israel's Ministry of Defense and the Israel Defense Forces. The cost of the webinar is $25.
This 75 minute webinar will provide participants with in-depth insights on where to find procurement opportunities and how to register as a listed vendor to the "Mission NY".
Webinar Agenda and Speakers
Yariv Moravnik-Shavitt, Aerospace / Defense Specialist, U.S. Commercial Service in Tel Aviv
representative of the Office of Defense Cooperation, U.S. Embassy in Israel
Gal Idan, Nitzan Bachar, Government of Israel, Ministry of Defense (New York)
Victor Mintz, General Counsel, Ministry of Defense of Israle, Mission to the U.S.
Background on Israel's Defense Sector
Israeli defense spending averages approximately $15 B - $18 B per year (national funds). In addition, the United States provides Israel $3.3B annually in Foreign Military Financing (FMF). As of June 2022, Israel has 618 active Foreign Military Sales (FMS) cases valued at $26.4 B.
Israel’s military and commercial activities with the U.S. defense industry are strong and include commercial contracts with major U.S. companies. The local industry sources quality components and sub-systems, presenting export opportunities to U.S. suppliers of high-quality components that can be integrated into Israeli systems. In June 2022, for the first time ever, a major U.S.-based defense company, Leonardo DRS, announced its planned acquisition of a significant Israeli defense technology company, RADA.
The country’s defense industry is dominated by three companies: Israel Aerospace Industries (IAI), Rafael Advanced Defense Systems (both parastatals), publicly owned, and Elbit Systems. The companies offer a diverse portfolio of products and services, including space and airborne reconnaissance systems, radar systems, UAVs, avionics and electro-optical systems, munitions, tanks and armored personnel carriers. They produce structural components and parts and operate maintenance, repair and upgrade facilities. In addition, there are several hundred small and medium sized enterprises active in the sector.
Leading subsectors include: aircraft parts, air-control technology, electronic components for land, air and sea platforms, airborne and ground-based engines, electro-mechanical devices, microwave components, and sensors.
Source: Israel Country Commercial Guide, U.S. Commercial Service
Registration details are available here.
AmCham members who would like to learn more about our U.S. Drive services are kindly invited to reach out to Manuel Cazac, Program Manager (firstname.lastname@example.org).