Israeli Prime Minister Benjamin Netanyahu announced Wednesday that Israel will invest roughly $110 billion over the next decade to build an independent domestic arms industry, declaring that the Jewish state must “reduce the dependency on any party, including allies,” after repeated weapons restrictions imposed during wartime.
Speaking at a graduation ceremony for Israeli Air Force pilots, Netanyahu said he approved, together with the defense and finance ministers, a NIS 350 billion (about $110 billion) multi-year plan aimed at ensuring Israel can arm itself independently while maintaining its battlefield edge.
The announcement, made…
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