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Monday, May 09, 2011
Israel to invest one billion dollars in Iron Dome missile defense system
Defense Ministry director general Maj. Gen. (res. ) Udi Shani says that Israel plans to invest nearly $1 billion in the coming years for the development and production of Iron Dome rocket interception batteries.
Shani reveals that five countries have already expressed an interest in the system, especially following its successful operational interception of rockets fired from the Gaza Strip last month.
In his first press interview since his appointment in January 2010, Shani was keen to put the success of Iron Dome into perspective.
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