The Israeli defence ministry has cut the budget earmarked for the purchase of Israeli-made defence systems and instructed the air force to purchase US-built systems. The decrease is a result of a 950 million shekel ($224 million) cut in next year's defence budget. Jacob Toren, president of Elop, says the cut will have a bad effect on the local defence industry. "We will lose our ability to develop new generations of defence systems. Selling our systems to the Israeli defence forces is a must," he says.
Source: Flight International