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Israel redirects Intel funds in urgent 1 billion shekel boost to buy munitions
Government approves emergency transfer for immediate military procurement, with 850 million shekels coming from funds earmarked for Intel’s frozen southern Israel plant and another 150 million shekels from budget decisions that have not been implemented this year
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jpost.com
Finance, Defense Ministries to propose NIS 1 billion for defense procurement | The Jerusalem Post
The resolution calls for the procedure "in light of the state of emergency in which the State of Israel finds itself; given the urgent and immediate need to provide an operational…
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haaretz.com
Israel to divert hundreds of millions earmarked for tech investment to defense
Under 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 procurement
