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Arms Worth $3, 900, 000 Reported Sold by Israel to Foreign Lands

May 18, 1961
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A total of 7, 000, 000 pounds ($3, 920, 000) worth of arms and ammunition were exported by Israel last year, it was revealed here in the State Comptroller’s report released today.

While not disclosing the total volume of production, the report showed that sales for export and for the domestic civilian market increased threefold during the past three years. The section on the aviation industry showed that the turnover during the 1959-60 fiscal year totaled more than 32, 000, 000 pounds ($17, 920, 000) compared with 21, 000, 000 pounds ($11, 760, 000) for the previous year.

By December of last year, the Government had invested a total of 7, 000, 000 pounds ($3, 920, 000) in the atomic reactor project at Nabi Rubin near Tel Aviv to which the United States Government had contributed $350, 000 worth of scientific equipment, the report showed.

(The Hilversum Radio in Amsterdam reported today that Lt. Gen. Colmeyer, Holland’s Secretary of Defense, is in Israel visiting a factory manufacturing machineguns of a type ordered by the Dutch Army. The General also witnessed Israeli armed force’s maneuvers and was slated to meet with Prime Minister Ben-Gurion, the broadcast said.)

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