Sales and profits of the Israeli Aerospace Industries Company rose to the highest level ever to benefit from the war waged by Israel on Gaza. Demand for military equipment due to Israel's war on the Gaza Strip and Russia'swar on Ukraine led sales of Israel Aerospace Industries to an all-time high in 2023.
Last month, the Speaker of the US House of Representatives, Mike Johnson, unveiled legislation requiring the provision of new military aid to Israel worth $17.6 billion as part of its war on Gaza, adding large quantities of ammunition and weapons.