The budget agreement will enable the Defense Ministry to "advance urgent and essential procurement deals critical to national security," the ministries stated in a press release. A long-term buildup plan starting in 2027 will be developed, per Prime Minister Benjamin Netanyahu's instructions, to "strengthen readiness and technological superiority against [distant] threats," the ministry said.
Additionally, mechanisms for the oversight of the defense budget will be strengthened, according to the statement. The Director-General of the ministry, Maj.-Gen. Amir Baram said that this move would allow the Defense Ministry to replenish consumed stocks of weapons and ammunition. Finance Minister Bezalel Smotrich, Defense Minister Israel Katz, and Finance Ministry Director-General Ilan Rom all welcomed the increase in defense spending. "The challenges ahead are complex, in distant and close arenas, against enemies who openly declare their intent to destroy us. For this, absolute military, technological, and operational superiority is required," Katz said. (Source)
Additionally, mechanisms for the oversight of the defense budget will be strengthened, according to the statement. The Director-General of the ministry, Maj.-Gen. Amir Baram said that this move would allow the Defense Ministry to replenish consumed stocks of weapons and ammunition. Finance Minister Bezalel Smotrich, Defense Minister Israel Katz, and Finance Ministry Director-General Ilan Rom all welcomed the increase in defense spending. "The challenges ahead are complex, in distant and close arenas, against enemies who openly declare their intent to destroy us. For this, absolute military, technological, and operational superiority is required," Katz said. (Source)