Search JTA's historical archive dating back to 1923

Total Arms Imports Will Be $1 Billion in 1971; U.S. Deliveries Satisfactory

November 3, 1970
See Original Daily Bulletin From This Date
Advertisement

Israel’s total arms imports totalling $800 million this year, will rise to $1 billion next year, Finance Minister Pinhas Sapir said today. For the sake of comparison, Mr. Sapir noted that in 1966 and 1961 the arms import figures were $160 million and $11 million respectively. He explained that the expenditure of $1 billion next year would depend on the approval of all Israeli arms requests from the United States. Well-informed sources said in this connection that there was every chance that those requests would be met, judging by the rate and volume of the current arms deliveries from the U.S. In this respect Israel has no complaints.

Recommended from JTA

Advertisement