• Wed. Jul 1st, 2026

Famagusta Gazette

News From Cyprus

Netanyahu Announces Major Expansion of Israel’s Defense Industry

ByFamagusta Gazette

Dec 25, 2025

Israeli Prime Minister Benjamin Netanyahu has announced a large‑scale investment plan to expand the country’s domestic arms industry, aiming to reduce reliance on allies such as the United States and Germany.

Speaking to newly graduated air‑force pilots, Netanyahu outlined a 350‑billion‑shekel program to be implemented over the next decade.

He said the initiative is intended to give Israel what he described as “strategic autonomy.”

Famagusta Gazette