TILAVIV: Israel is working on a new missile system capable of hitting targets anywhere in the Middle East, Defence Minister Avigdor Lieberman said.
State-owned arms manufacturer Israel Military Industries (IMI) would deliver “within a few years” an advanced integrated system “allowing precise hits by remote launching”, he said in a statement.
Lieberman added that the contract with IMI was budgeted at “hundreds of millions of shekels”. The Israeli shekel is currently trading at 3.63 to the US dollar.
“The project for setting up a precision rocket and missile system is underway,” Lieberman said in the statement.
“Part of it is already in production and part is in the final phases of research and development.”
“We are acquiring and developing precision fire systems that will allow… the Israel Defence Forces to cover within a few years every point in the region.” Israel is considered the leading military power in the Middle East and believed to be the only country in the region to possess nuclear weapons.
Foreign military experts say it has several batteries of its Jericho ballistic missile, capable of delivering nuclear warheads.
Trending
- Govt employees salary likely to be increased by 12 percent
- Yasin Malik is being punished for his non-violent political belief by the current extremist government of India.
- WPFD observes in Kotli, freedom of press linked with resolving journalist’s issues, Panel Discussion
- PML-N purpose is to serve the people, build and develop Pakistan: Begum Tahseen Fawad
- DOA welcomes Mr. Ali Hassan Zehri, on becoming the advisor to CM
- Government deals every kind of mafia and their patrons with an iron hand: PM AJK
- PM AJK presides over Cabinet meeting
- Overseas community played a pivotal role in highlighting the Kashmir issue at International Level: President AJK