YEREVAN, DECEMBER 12, ARMENPRESS. The Israeli Defense Ministry has signed an agreement with Israel Shipyards, a major Israeli shipbuilding company, to purchase five "Reshef" missile ships worth about $780 million.
“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 Israel Ministry of Defense said in a statement.
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.