Israel to Increase Defense Budget by $117.7B Over 10 Years, Netanyahu Says Iran Nuclear Weapons 'Not Allowed'

According to Jin10, on July 9, Israeli Prime Minister Benjamin Netanyahu announced plans to increase defense spending by 350 billion New Israeli Shekels (approximately $117.7 billion) over the next decade. Netanyahu stated that regardless of any potential agreement between the United States and Iran, Israel will "not allow" Iran to acquire nuclear weapons. A significant portion of the additional defense budget will be allocated to air force development and domestic military industrial capabilities to reduce reliance on foreign procurement.
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