Israel to spend $110 billion on developing independent arms industry: Netanyahu
Israel plans to spend $110 billion over 10 years to reduce foreign arms reliance and boost security amid ongoing multi-front conflicts, Netanyahu said.
- On Dec 24, Prime Minister Benjamin Netanyahu said Israel will invest US$110 billion over the next decade to develop an independent arms industry, approving 16 billion shekels at a southern air base.
- Strained military resources prompted Benjamin Netanyahu, Prime Minister of Israel, to reduce dependency on countries that ceased or restricted arms sales by boosting Israel's defence industries.
- Netanyahu said `We will continue to acquire essential supplies while independently arming ourselves` and that Israel's defence industries' finest minds develop weapons for future battlefield advantage.
- These numbers indicate that Israel's defence budget will be about US$35 billion in 2026, representing roughly 16 per cent of the public budget, Netanyahu said.
- The move follows a long US-Israel defence partnership, with Washington providing US$3.3 billion in military funding in 2025 and Netanyahu's earlier `super-Sparta` remark framing the drive for self-reliance.
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Netanyahu Unveils $108 Billion Arms Investment Ahead of Mar-a-Lago Meeting With Trump - Real News Now
Israeli Prime Minister Benjamin Netanyahu announced a sweeping $108 billion defense investment on Wednesday to build a self-reliant munitions industry, just days before a high-stakes meeting with President Donald Trump at Mar-a-Lago. The initiative, set to unfold over the next decade, marks a decisive pivot in Israeli defense strategy amid rising calls in the U.S. — from both the Left and the Right — to curtail American military aid to the Jewis…
Netanyahu Announces $108 Billion Domestic Arms Investment Ahead Of Trump Meeting
Israeli Prime Minister Benjamin Netanyahu on Wednesday unveiled a $108 billion, decade-long investment to build an independent Israeli munitions industry. The announcement comes ahead of Netanyahu’s meeting with President Donald Trump next week and amid growing calls from voices on both the Left and Right to reduce or cut off United States military funding for Israel. The meeting will be the fifth time Netanyahu has met with Trump since he was i…
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