Israel’s MoD owes local industry more than US $800 million for work on Iron Dome, unmanned vehicles and other high-priority systems performed essentially on credit over the past 18 months.

Defense Minister Moshe Ya’alon estimated MoD debt accrued since the beginning of last year at 3 billion shekels (US $810 million)

In a Sept. 30 address at the Institute for National Security Studies, Ya’alon said MoD’s debt applied to Israel’s top three defense firms: Elbit Systems, Israel Aerospace Industries (IAI) and Rafael. […]