Current sectionIsrael NewsIsrael SecurityUnder the government's draft decision, about $283 million will be diverted, while the Defense Ministry is seeking a total of about $330 million for classified defense procurementShare to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribe05:18 PM • August 09 2026 IDTThe Israeli government plans to divert hundreds of millions of shekels earmarked to promote investment and employment in Israel's technology sector toward urgent defense procurement requested by the Defense Ministry, according to a draft decision submitted Sunday.CommentsIn the NewsMost Israelis Fear Upcoming Election Could Be Compromised, New Poll FindsA New Contract Is Needed Between Israelis Who Stayed and Liberals Who Left50 Years Ago, a Young Israeli Was Crowned the Most Beautiful Woman in the WorldU.S. Campaign Targets Medical Association for 'Silence' on Jailed Gaza DoctorIsraeli Faces Charges After Smashing Entrances at Haaretz, Channel 12 OfficesRemembering and rebuilding two years laterICYMIIsrael's Leading Philosopher on Manipulation, Morality and the Future of ZionismHow Israel's Elbit Armed the United Arab EmiratesIsrael Captured 230 Square Miles of Lebanon, Razed Villages and Built New BasesHow a Teen, Not a Journalist, Debunked Israel's Gaza 'Voluntary Emigration' Plan'I Saw Pictures of Dead Kids. In the Army They Told Us We Only Kill Terrorists'Former Mossad Chief Appointed to Lead U.S. Defense Technology Company