In recent news, the Ministry of Defense in Israel has signed a contract with Elbit Maarahot concern for the purchase of large quantities of ammunition for its ground forces. This contract is expected to last several years and will cost approximately 2.8 billion shekels. The production of the ammunition will take place at Elbit’s factories in Israel.
Since the start of the war, the Ministry of Defense has spent a total of 63 billion shekels on arms purchases. In an effort to reduce dependence on foreign suppliers, orders worth around 40 billion shekels have been placed with Israeli manufacturers. Defense enterprises are currently operating at an intensive pace to meet these demands.
In other news, the Ministry of Defense has requested that the Land Administration postpone the dismantling of an Elbit plant in Ramat Hasharon for one and a half years. This move is necessary to ensure that production can continue at both the current plant and at a new Negev location in order to meet the urgent need for ammunition.
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