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Monday, May 9, 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. 

"We need to adjust expectations in relation to Iron Dome, both in regard to the citizens but also vis a vis the political leadership," Shani said. ... 





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