Israel approves USD 1.4 billion plan to accelerate tank, armored vehicle production

ANI
20 Aug 2025, 16:06 GMT+10

Tel Aviv [Israel], August 20 (ANI/TPS): The Israeli government has approved a major plan to accelerate the production of Merkava tanks and the Tiger and Eitan armored personnel carriers, with a budget exceeding NIS 5 billion (USD 1.4 billion).

The Armor Acceleration Program, led by the Merkava and Vehicle Administration, will expand production infrastructure nationwide, including in peripheral regions, and increase the pool of domestic suppliers. Defense Minister Israel Katz called the project a strategic investment in both national security and economic growth.

The plan now awaits approval from the Knesset's Defense Budget Committee before procurement contracts can be finalized. (ANI/TPS)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Arab Herald.

More Information

null in null

Muslim

Section

Ahmedabad: Class eighth student dies during treatment after being stabbed in school, accused detained

Ahmedabad (Gujarat) [India], August 20 (ANI): A class eighth student died during treatment after he was stabbed during a quarrel with...

"Can't be accepted...": RSP MP Premachandran on Constitution Amendment Bill

New Delhi [India], August 20 (ANI): Revolutionary Socialist Party MP N.K. Premachandran on Wednesday described the Constitution (130th...

Congress is with infiltrator voters: BJP's Nishikant Dubey hits back with own 'vote chori' charge against opposition

New Delhi [India], August 20 (ANI): Amid Congress' relentless campaign against alleged electoral malpractice, Bharatiya Janata Party...

Uttarakhand CM meets security personnel at Vidhan Sabha ahead of monsoon session

Chamoli (Uttarakhand) [India], August 20 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami met the security personnel deployed...

US adds five products to "high-priority sectors" enforced under Uyghur forced labour law

Washington DC [US], August 20 (ANI): The US has intensified its crackdown on forced labour-linked imports from China by adding five...

Telangana's Vikarabad to be named as Anantagiri when BJP comes to power, says state president Ramchander Rao

Vikarabad (Telangana) [India], August 20 (ANI): BJP State President N Ramchander Rao assured that the party would rename Vikarabad...

Middle East

Section