Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Israel restarts Merkava tank productions

Defense Minister Ya’alon: I see the economic, social, and national aspects as well as the defense aspects of the program.


Merkava Mark IVMerkava

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.


/ By Yuval Azulai /

In a few weeks, the Ministry of Defense will resume orders of components for the production of the Merkava tank from the 200 enterprises involved in the program. Minister of Defense Moshe Ya’alon announced the decision to resume tank production for the IDF Armored Corps during a visit to northern Israel yesterday.

During the visit, Ya’alon met manufacturers involved in the Merkava program from enterprises in Kiryat Shmona, and also Nissim Malka, mayor of the town, and told them of his decision, which was made despite the extensive defense budget cuts, which jeopardized further procurements of the Mekava by the IDF. “I decided that the Merkava production line will not be closed, despite the budget constraints. I don’t see the tank program just from the defense point of view, but also from economic, social, and national points of view. I understand the need for jobs here, ” he said. “The IDF’s tank fleet needs to be renewed, and we are decommissioning old tanks and renewing the fleet with the advanced model of the Merkava. We must not lose our technological capabilities and we will continue to procure Merkava tanks every year, and you will continue to produce them.”

merkava3bgv3

 

In 2012, the Ministry of Finance slashed its annual budget for procuring Merkava tanks, and it is now about NIS 700 million. Even after the budget cut, the ministry froze orders for components and parts needed to assemble the tank, forcing businesses to lay off many employees. Commenting on this, Ya’alon said, “The delay in orders last year was because there was no approved state budget, and this affected businesses. We’ll begin placing orders on the basis of the current budget immediately and in the future.” He added that he had instructed his staff to examine transferring part of the Merkava production process to Kiryat Shmona and neighboring communities.

In the past few months, managers of businesses from across the country waged a campaign to retain the budget for the Merkava program.
Published by www.globes-online.com 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...