Funds reportedly passed on Sunday following meeting of defense and finance officials.
Finance Minister Moshe Kahlon and IDF Chief of Staff Lt.-Gen. Aviv Kohavi agreed that the IDF will receive an additional NIS 2 billion in order to kick start the military’s Momentum multi-year defense plan.
The amount was reportedly agreed upon Sunday after Kahlon, Kohavi, Defense Minister Naftali Bennett and Deputy Chief of Staff Eyal Zamir met with Accountant General Roni Hezkiah.
The new multi-year plan, which is built on the IDF’s new victory concept, uses the motto “readiness and change” and focuses on improving the military’s defensive and offensive capabilities.
As part of the plan, the military will invest significant amounts to close the gaps in several key areas including weapons and manpower as well as increasing the intelligence directorate’s ability to detect enemy forces in urban areas. The military will also focus on improving offensive capabilities of all corps against decentralized enemy troops which requires more offensive platforms and weapons.
As such, the military will procure a significant amount of precision guided missiles and mid-sized drones as well as additional air defense batteries. Read more at JPost