|News - Asia|
Israel 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.
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.
In the past few months, managers of businesses from across the country waged a campaign to retain the budget for the Merkava program.
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Last Updated (Friday, 16 August 2013 09:08)