• About us
  • Contact Us
Monday, October 27, 2025
No Result
View All Result
The World Monitor
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
No Result
View All Result
The World Monitor
No Result
View All Result
Home Economy

Morocco Signs $1 Billion Defense Deal with Israel

July 10, 2024
Morocco Signs $1 Billion Defense Deal with Israel

Trade visitors gather at the IAI exhibition booth at the Singapore Airshow

Share on FacebookShare on TwitterShare on Whatsapp

On Tuesday, Israel Aerospace Industries (IAI) announced a $1 billion contract to supply one of its advanced systems to an unnamed third party, widely reported to be Morocco. IAI, renowned for its cutting-edge drones and missile defense systems, disclosed in a regulatory filing in Tel Aviv that the deal will be executed over five years, according to Reuters.

This significant agreement aims to enhance Morocco’s military capabilities across air, land, and sea defense. Under the contract, IAI will supply the Ofek 13 spy satellite, which will replace two Airbus and Thales satellites, as reported by Moroccan news websites Le Desk and Le 360, citing Israeli sources in Rabat.

IAI Chairman Amir Peretz, leveraging his connections in Morocco, played a crucial role in securing this deal, as well as a prior $500 million agreement for the Barak 8 air defense system. Peretz is currently visiting Morocco to finalize the agreement.

Israel and Morocco signed a defense pact in 2021, which includes intelligence sharing and cooperation in military industries and procurement. This new development further solidifies their defense collaboration.

Tags: IsraelMorocco
Next Post
Israeli Military Strikes Syrian Targets on Golan Heights

Israeli Military Strikes Syrian Targets on Golan Heights

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Biden Invites Netanyahu to Visit the White House

Biden Invites Netanyahu to Visit the White House

2 years ago
Iran Threatens Direct Attack If Gaza Talks Fail

Iran Threatens Direct Attack If Gaza Talks Fail

1 year ago

Popular News

  • Egyptian PhD Student Found Dead in France

    Egyptian PhD Student Found Dead in France

  • Floods Damage Houses & Hospitals in Lebanon

  • 7 Israeli Soldiers Killed in Clashes in Lebanon

  • 15 EU Countries Urge New Measures for Irregular Migration

  • Saudi Arabia Grants Citizenship to Medical Pioneers

Follow us

"Connecting the World to the Heartbeat of Middle East and Africa – Your Trusted Source for News and Insights."

  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto

ABOUT US

CONTACT US

Privacy Policy

  • About us
  • Contact Us

© 2023 THE WORLD MONITOR

No Result
View All Result
  • Home
  • Africa
  • World
  • Economy
  • Climate
  • Sports
  • Crypto
  • Technology

© 2023 THE WORLD MONITOR