Government Approves $270 Million Apache Helicopter Purchase
Translated & summarized from JDN by baba
The Israeli government has approved a NIS 1 billion ($270 million) deal to purchase 12 Apache attack helicopters from Boeing. The funds will be diverted from development programs for the Arab sector and disbursed between 2027 and 2029. This decision follows a dispute between the Defense Ministry and the Treasury over budget delays impacting the deal.
The story in 5 lines · by baba
- Israel will purchase 12 Apache attack helicopters from Boeing for approximately NIS 1 billion.
- The deal's funding will be diverted from development programs for the Arab sector.
- The helicopter purchase funds will be disbursed between 2027 and 2029.
- The approval followed a dispute between the Defense Ministry and the Treasury.
- The Ministry of Defense claimed the purchase window had closed due to budget delays.
The Israeli government has approved an urgent telephone poll to allocate approximately one billion shekels (about $270 million) for the procurement of 12 advanced Apache attack helicopters from the American company Boeing. The classified budget, intended for the defense establishment, will be funded by diverting money from the government's five-year plan for economic and social development in the Arab sector, with the funds to be disbursed between 2027 and 2029.
The approval comes after intense budget disputes between the Ministry of Defense and Treasury officials. The Ministry of Defense had warned that the window to exercise the purchase option with Boeing had closed due to budget delays, a claim disputed by the Treasury, which stated the opportunity had not yet passed. The government's current approval confirms the deal is proceeding.