Israel to spend $530 mn on 'Iron Beam' laser defence
- Posted on October 28, 2024
- By Business News Today
- 4 Views
Israel to spend $530 mn on 'Iron Beam' laser defence
Israel is investing $530 million to speed up the development of its new laser air defence system, Iron Beam. This system aims to improve interception of drones and other projectiles from Hezbollah. The ministry plans for Iron Beam to be operational within a year, supplementing existing defences like the Iron Dome.