Israel buys $340 million worth of ammunition from Elbit Systems – 2024-08-05 07:50:40

by times news cr

2024-08-05 07:50:40

The Israeli Defense Ministry has signed a contract to purchase $340 million worth of ammunition from the Israeli company Elbit Systems. This was reported by the press service of the defense department of the Jewish state, noting that Elbit Systems will build a plant in the country to produce ammunition and equipment, Day.Az reports with reference to TASS.

“The Director General of the Israeli Ministry of Defense, Eyal Zamir, signed an agreement on the supply of ammunition with Elbit Systems on July 31, 2024, for the amount of $340 million. As part of this deal, Elbit Systems will establish a new factory in Israel for the production of ammunition and equipment,” the statement said. “This purchase is part of the Defense Ministry’s strategy to ensure uninterrupted supply <...> during current and future operations” of the Israel Defense Forces, the press service noted.

At the end of February 2024, the Ministry of Defense reported that since the beginning of the military operation in the Gaza Strip on October 7, 2023, it had purchased weapons from Israeli manufacturers for almost $10 billion with the aim of “increasing the independence of the country” [от иностранных поставок]”A month later, Kan radio reported that Israel was exploring alternative ways to acquire weapons and raw materials to expand its independent arms production.

The situation in the Middle East has sharply deteriorated since the penetration of militants of the Palestinian radical movement Hamas from the Gaza Strip into Israeli territory on October 7, 2023, accompanied by the murder of 1,200 residents of border settlements and the taking of 250 hostages. In response, Israel launched a military operation in Gaza with the aim of destroying the military and political structures of Hamas and freeing all those kidnapped.

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