On video: The 'Arrow' interceptor successfully intercepted a missile launched at Israel in the Red Sea area 02.22.24/Ministry of Defense
The Aerospace Industry reported to the stock exchange today an unusual order from the Ministry of Defense: a deal with the company's missile and space division, totaling NIS 1.6 billion.
In the announcement, the IA states that the order will be supplied to the IDF for two years, which implies the replenishment of the exact munitions stock instead of those that were consumed in the war.
In the war, the Air Force used the Arrow 2 and 3 missiles manufactured by the Aerospace Industry for the first time, to the extent of almost 10 interceptions.
According to foreign publications, the IAEA is also the manufacturer of a missile called "Makaholit", which is used by the IDF's drones.
Palestinian officials have often presented, including during the Iron Swords War, the remains of missiles with a plate indicating this name, and that it is manufactured In the hands of the Aerospace Industry, and claimed that it was launched from Israeli drones.
The price of an Arrow interceptor is about three million dollars/revenue - one-time IAI
To date, Israel's equipping with Arrow interceptors has been financed mainly by the United States. However, it is possible that the delay in approving the special American security aid for the war, in the amount of 14.1 billion dollars, has resulted in the Ministry of Defense in the meantime financing the equipping with additional arrows from the state budget.
To date, the United States has financed since 1986 the development model Arrow-1 and the two generations of the operational interceptors, for an aggregate amount of 4.5 billion dollars.
The price of an Arrow interceptor is about three million dollars, significantly cheaper than the price of the corresponding American interceptor, which is sold for more than 10 million dollars per unit.
The TAA's announcement about the transaction is unusual. Elbit reported an unusual order from the Ministry of Defense following the war about a month ago, without stating the amount. However, the TAA, which is owned by the state but is a reporting company because of the bonds it issued, had to report on the transaction carried out with has control over it.
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