Israel signed a $450 million defense deal

Friday, 6 January, 2017 - 16:00

Israel's Defense Ministry has signed a $450 million 7-year order with IMI Systems for the supply of munitions for infantry and armor units.

The deal will commence in 2017 and run through to 2025, averaging annual orders at around $65 million.

Announcing the deal, the MoD said the multi-year deal would enable the IDF to complete the resupply of stocks expended in the 2014 Gaza war and support Ground Force live-fire training for the coming decade.