The Director General of the Israel Ministry of Defense (IMOD), Maj. Gen. (Res.) Eyal Zamir, approved the procurement agreement today (Thursday) at the IMOD's headquarters in Tel Aviv. Under this contract, the IMOD will acquire five advanced "Reshef" missile ships from Israel Shipyards, with a total value of approximately $780M (NIS 2.8B).

 The acquisition received approval from both the Ministerial Procurement Committee and the Joint Committee of Defense Budget in the Knesset. Under the agreement, Israel Shipyards will produce and supply the ships to the Israeli Navy over approximately six years, with an option for additional vessels in the future. Manufacturing the ships in Israel will strengthen security and ensure continuity of production and support for the IDF.

 The 'Reshef' Missile Ship will be the Israeli Navy's newest and most advanced Sa'ar-class ship. This multi-mission vessel was developed in collaboration with the Israeli Navy, incorporating the best advanced weapon systems from Israel's defense industry.