Pursuant to the recommendations of the Nagel Committee, which evaluated the security budget and force building, the Ministerial Procurement Committee approved several acquisitions on Sunday, including the Reshef project – the next navy corvette – as well as the acquisition of hundreds of Joint Light Tactical Vehicles.
Under the agreement, the Defense Ministry will purchase five advanced Reshef corvettes from Israel Shipyards to replace the aging Nirit-class corvettes, which will be taken out of service after four decades. Production of the ships in Israel will provide jobs to hundreds of workers in the north.
The committee also approved the acquisition of hundreds of Joint Light Tactical Vehicles – armored all-terrain vehicles for use by the ground forces, which will be supplied to the IDF in the coming years. (Read More)