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May 9, 2011 10:27 am

Israel ‘To Invest $1 bn’ In Iron Dome

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Iron Dome defence system deployed next to Be'er Sheva Israel. Photo: Arimber.

Breitbart – Israel plans to invest $1 billion in the development and production of batteries for its Iron Dome rocket interception system, a top Israeli defence official said in an interview published Monday.

Defence Ministry director-general Major General Udi Shani told the daily Haaretz newspaper that five countries have already expressed interest in the system, which was successfully deployed during a rise in rocket fire from Gazain early April.

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