The Ministerial Committee on Defense Procurement approved the budget for advanced high precision and powerful attack weapons and missile defense systems to combat Iran and its proxies.
The process of floating Israel Aerospace Industries on the Tel Aviv Stock Exchange is still bogged down by political wrangling.
The cabinet approved the appointment despite the opinion of the Gilor Senior Appointments Advisory Committee that Peretz did not have the appropriate experience.
After the disappointment of Iron Dome losing out to Korea on the UAE's missile defense deal, the Dubai Airshow has left Israeli defense firms cautiously optimistic.