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Ongoing Story· Day 2

Israel Approves $270 Million for Urgent Defense Procurement

7 developments

TheMarkerSecurity

Israel Cuts Civilian Budgets to Fund Unprecedented Defense Spending

Translated & summarized from TheMarker by baba

BusinessCharged tone

Hebrew · Sole source

The Israeli government is cutting civilian budgets to fund increased defense spending, despite upcoming elections. Unprecedented procurement budgets for the defense system are approved through 2030, endangering civilian programs. A deal for 12 Apache helicopters was nearly canceled due to budget delays, with the US reportedly considering selling them to Saudi Arabia instead.

The story in 6 lines · by baba

  • Israel is cutting civilian budgets to fund unprecedented defense spending through 2030.
  • The defense establishment warned multiple times about the potential cancellation of an Apache helicopter deal.
  • A one billion shekel budget was needed for the purchase of 12 new Apache combat helicopters.
  • The deadline for approving the helicopter deal has passed, risking its cancellation.
  • The US may sell the Apache helicopters to Saudi Arabia instead of Israel.
  • The increased defense needs endanger all civilian budgets.
Israel Cuts Civilian Budgets to Fund Unprecedented Defense Spending
Editorial illustration generated by baba News, not a photograph of the event.

Despite the upcoming elections, the Israeli government has made an unpopular decision to cut civilian budgets to meet the needs of the defense establishment. These needs are projected to increase significantly by 2030, with unprecedented equipment procurement budgets approved for the defense system. This situation endangers all civilian budgets.

In recent months, the defense establishment warned at least three times that a deal to purchase 12 new Apache combat helicopters was at risk of cancellation. The delay was attributed to the slow approval of the necessary budget, totaling one billion shekels. Last week, the defense establishment announced that the deadline for approving the deal had passed, and that the Americans intended to sell the needed helicopters to Saudi Arabia instead of the IDF.

TheMarkerOther · Tel Aviv

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