Israel allocates $825M to buy ‘urgent security supplies’ amid reported deficit of interceptor missiles

The Israeli government on Sunday allocated $825 million to purchase “urgent security supplies,” amid reports of growing deficit in interceptor missiles as a joint war with the US against Iran entered its third week, local media reported. “The government approved a special budget of 2.6 billion shekels (nearly $825 million) for the purchase of urgent security supplies,” Channel 12 said. The outlet said the move comes “amid the immediate need to provide an operational response in a war with Iran.” The government is expected to amend its 2026 spending plan to fund the new purchases, the channel said. The move came a day after American news website Semafor, citing US officials, reported that Israel is running critically low on ballistic […]