Defense industry leaders warned Prime Minister Benjamin Netanyahu on Friday that a delay in the defense budget could force the closure of munitions production lines within a month, according to The Zioneer. The warning follows an earlier letter from industry chiefs to the PM regarding a 40 billion shekel shortfall.
Defense industry leaders have warned Prime Minister Benjamin Netanyahu that a prolonged delay in approving the defense budget could force the closure of munitions production lines within a month, The Zioneer reports Friday evening.
The warning comes hours after industry chiefs sent a separate letter to Netanyahu stating that the failure to transfer 40 billion shekels in already-approved defense funds is harming IDF capabilities. The accumulating budget disputes threaten to disrupt long-term military production at a time when the IDF is engaged in active operations on multiple fronts.
Finance Ministry and Prime Minister's Office spokespeople have not yet issued a response to the latest warning. No specific production lines were named in the report.
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