Ambassador of Israel to the European Union (EU) and NATO Aharon Leshno-Yaar this week signed a logistics agreement with the NATO Support and Procurement Agency (NSPA).

The agreement is a breakthrough for Israeli companies in the cyber, optics, defense, and software sectors and it enables Israeli companies to compete in NATO tenders and be part of NATO’s database of authorised exporters, thereby opening many doors to Israeli companies choosing to operate in this channel.

Registration in NATO’s authorised database of suppliers will take place according to a database of 700 registered Israeli companies. NSPA’s corresponding database will be managed from Brussels.

Talking with “Globes” from Brussels, Leshno-Yaar said that the agreement was “the culmination of several years of work. NSPA coordinates work with NATO countries’ armies, and this is the ideal way for Israeli industries to get a foothold in various projects.”

The procurement agreement is something new in relations between Israel and NATO. Israel estimates the value of deals likely to be opened to Israeli companies by the agreement at $4.5 billion. It is assumed that most of the tenders to be opened to Israeli companies will come from small NATO members, not from the US.