Israel strikes $275 million deal with Elbit for domestic bomb production - PRESS AI WORLD
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Israel strikes $275 million deal with Elbit for domestic bomb production

share-iconTuesday, January 07 comment-icon2 weeks ago 6 views
News sources:
reutersREUTERS
Israel strikes $275 million deal with Elbit for domestic bomb production

Credited from: REUTERS

  • Israel's Defence Ministry has signed contracts amounting to approximately $275 million with Elbit, its largest private arms manufacturer.
  • The agreements aim to enhance the Israel Defence Force's operational capabilities by allowing the domestic production of heavy bombs and raw materials.
  • One deal includes the supply of thousands of heavy air munitions, while another involves establishing a plant for domestic raw material production.
  • The push for manufacturing independence was accelerated due to lessons learned from the ongoing war in Gaza.
  • Elbit's CEO stated that the company is dedicated to bolstering the IDF's munitions independence.

Read more at Reuters.

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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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