Ministry of Defense orders ammunition worth 1.6 billion NIS from Aviation Industry

The state-owned defense company Aviation Industry (IAI) announced to the stock exchange that it has received a substantial order worth 1.6 billion shekels from the Israeli Ministry of Defense.

The order pertains to a significant quantity of ammunition, which the company is set to supply to the Israel Defense Forces over two years.

It's worth noting that in recent years, the Ministry of Defense has been actively working to decrease Israel's reliance on foreign weapons and ammunition imports.