Philenews

Israel to Reduce Arms Imports, Boost Domestic Defense Industry

Published December 29, 2025, 12:27
Israel to Reduce Arms Imports, Boost Domestic Defense Industry

Israeli Prime Minister Benjamin Netanyahu has announced a plan worth 91 billion euros to reduce Israel's arms imports. Israel possesses one of the most advanced defense industries in the world, with significant investment in research and technology. The country exports weapons systems and high-value technologies, while its expertise is integrated into many modern smartphones. Despite the high cost of the war, the Israeli economy remains strong and the Tel Aviv Stock Exchange continues to rise, indicating the country's resilience.