12 Hrs
 قدس نت
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قدس نت

2026-11-10T00:38:00.000Z

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NIS 25bn defense gap

NIS 25bn defense gap

A report by *Yedioth Ahronoth* warned of a funding shortfall of nearly 25 billion shekels in Israel’s defense budget, after only 15 billion of the agreed 40 billion had been transferred, while debts owed by the defense industries approached 20 billion shekels. It said the mounting debts could threaten the continued production of tank and artillery shells and disrupt the manufacture of interceptor missiles, but did not say that production had actually halted. Decisions on arms procurement—including the purchase of two refueling aircraft and the expansion of the transport helicopter fleet—have also been postponed until the summer of 2027.

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