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Israel ‘to invest $1 bn’ in Iron Dome missile system
Posted By admin On May 9, 2011 @ 6:23 am In World News | Comments Disabled
May 9, 2011
Israel plans to invest $1 billion in the development and production of batteries for its Iron Dome rocket interception system, a top Israeli defence official said in an interview published Monday.
Defence Ministry director-general Major General Udi Shani told the daily Haaretz newspaper that five countries have already expressed interest in the system, which was successfully deployed during a rise in rocket fire from Gaza in early April.
But Shani, in his first interview since his appointment in January 2010, warned that the system’s capacity must be put in perspective.
“We need to adjust expectations in relation to Iron Dome,” he told Haaretz.
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