Israeli Prime Minister Benjamin Netanyahu said on Wednesday Israel would spend 350 billion shekels ($110 billion) on developing an independent arms to reduce dependency on other countries.
Israeli Prime Minister Benjamin Netanyahu said Wednesday that the country would invest $110 billion over the next 10 years to develop an independent arms industry.
“I approved a total of 350 billion shekels over the coming decade to build an independent arms industry for the State of Israel,” Netanyahu said during a military ceremony at an air base in the country’s south.
“We will continue to acquire essential supplies while independently arming ourselves,” Netanyahu said at a ceremony for new pilots. “I don’t know if a country can be completely independent but we will strive … to ensure our arms are produced as much as possible in Israel,” he said.
“Our goal is to build an independent arms industry for the State of Israel and reduce the dependency on any party, including allies.”
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