Currency conversion rate as of April 9, 2025 was 1 USD = 3.8 ILS.
Figures refer to multi-year contracts for military procurement valued over 100 million Israeli shekels. Outstanding commitments stood at an approximate value of 256 billion Israeli shekels.
Citation formats
Value of government defense purchasing contracts in Israel 2024, by classification
By the end of 2024, the total value of arms and military equipment procurement contracts in Israel reached approximately *** billion Israeli shekels, about ** billion U.S. dollars. Of these, non-classified purchase commitments amounted to *** billion Israeli shekels, some ** billion U.S. dollars. On the other hand, undisclosed classified contracts made up *** billion Israeli shekels, nearly ** billion U.S. dollars. Some ** percent of Israel's 2025 defense budget, was allocated to procurement and purchases.
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Ministry of Finance (Israel). (March 16, 2025). Value of military equipment procurement contracts by the Ministry of Defense in Israel as of 2024, by classification (in billion Israeli shekels) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1609567/value-of-military-contracts-by-classification-in-israel/
Ministry of Finance (Israel). "Value of military equipment procurement contracts by the Ministry of Defense in Israel as of 2024, by classification (in billion Israeli shekels)." Chart. March 16, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1609567/value-of-military-contracts-by-classification-in-israel/
Ministry of Finance (Israel). (2025). Value of military equipment procurement contracts by the Ministry of Defense in Israel as of 2024, by classification (in billion Israeli shekels). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1609567/value-of-military-contracts-by-classification-in-israel/
Ministry of Finance (Israel). "Value of Military Equipment Procurement Contracts by The Ministry of Defense in Israel as of 2024, by Classification (in Billion Israeli Shekels)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 16 Mar 2025, /statistics/1609567/value-of-military-contracts-by-classification-in-israel/
Ministry of Finance (Israel), Value of military equipment procurement contracts by the Ministry of Defense in Israel as of 2024, by classification (in billion Israeli shekels) ÌÇÐÄÆƽâ°æ, /statistics/1609567/value-of-military-contracts-by-classification-in-israel/ (last visited July 29, 2026)
Value of military equipment procurement contracts by the Ministry of Defense in Israel as of 2024, by classification (in billion Israeli shekels) [Graph], Ministry of Finance (Israel), March 16, 2025. [Online]. Available: /statistics/1609567/value-of-military-contracts-by-classification-in-israel/
