Leaked Documents Reveal US Plan To Bankroll New Israeli Tank Factory – The Cradle

 Leaked Documents Reveal US Plan To Bankroll New Israeli Tank Factory

Netanyahu recently claimed that Tel Aviv is seeking to ‘taper off’ its dependence on US military aid over the next decade

Washington may bankroll the construction of a new Israeli armored vehicle plant with up to $2 billion from military aid funds, according to US documents cited by Haaretz newspaper.

Last year, an Israeli ministerial panel for defense procurement approved the “Armored Vehicle Acceleration Project,” an initiative aimed at boosting the production rate of Israel’s Merkava tank, as well as its Namer and Eitan personnel carriers.

The initiative is meant to span a five-year period.

Two US Army Corps of Engineers (USACE) presentations cited by Haaretz show that Washington is likely to take part in financing, designing, and constructing the “Joint Systems Manufacturing Center.”

“We are exploring the potential for a multibillion-dollar Joint Systems Manufacturing Center (JSMC) project, which could be a pivotal next step for the program,” one of the presentations reads.

🔗SOURCE ➡️ The Cradle

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