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Israel to Invest $110 Billion in Developing Independent Arms Industry

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According to the report, Prime Minister Benjamin Netanyahu said that Israel would invest $110 billion over the next decade to develop its own independent arms industry.

The report stated that much of the military equipment used by the Israeli army comes from the United States, thanks to a longstanding defense cooperation deal between the key allies.

The report added that PM Netanyahu told a military ceremony at an air base in southern Israel, that he approved a total of 350 billion shekels over the coming decade to build an independent arms industry for the State of Israel.

According to the US Congress, Washington provided $3.3 billion to Israel in military funding and $500 million in missile defense cooperation in 2025.But Israel’s leaders have indicated their intention to shift away from foreign suppliers.

In addition to the report, in a controversial speech in September, Netanyahu said Israel was becoming increasingly isolated and had to adopt a super-Sparta approach.

In 2026, Israel will allocate about 16 percent of its public budget to defense — around $35 billion out of an overall budget of $208 billion, according to government data.

Source: The Defense Post
 
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