The Israel Ministry of Defence has announced a USD 780 million agreement with Israel Shipyards for the procurement of five advanced 'Reshef' missile ships. Approved by the Ministerial Procurement Committee and the Joint Committee of Defence Budget in the Knesset, the deal aims to modernise the Israeli Navy's capabilities while supporting domestic defence manufacturing.

Israel to bolster naval fleet with USD 780 million acquisition of Reshef missile ships

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The Israel Ministry of Defence has announced a USD 780 million agreement with Israel Shipyards for the procurement of five advanced ‘Reshef’ missile ships.

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