Israel to spend $2B on missile defense

Israel's announcement that it will spend $2 billion on building up its anti-missile defense system over the next few years, on top of whatever it can squeeze out of the Americans, underlines the military's deep concerns that the country faces a new kind of war.

The military is wrestling with how to fund multiple objectives over the next few years at a critical juncture in Israel's 63-year history.

Defending military installations and Israel's cities, for the first time vulnerable to firestorms of missile attacks, is just one priority, but a pressing one.

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