The Israeli Ministry of Defense is in talks with South Korea's Daewoo Shipbuilding & Marine Engineering Co. Ltd to purchase four patrol boats for the Israel Navy to protect Israel's exclusive economic zone. If the $400 million deal goes ahead, the ministry is expected to demand reciprocal procurements by Korea of the advanced missile interception system made by Rafael Advanced Defense Systems Ltd.
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| Iron Dome system in Ashdod intercepts a rocket fired from the Gaza Strip. Since the beginning of Operation Pillar of Defense, the Iron Dome system has intercepted hundreds of rockets fired at Israeli communities from the Gaza Strip. (Credit photo IDF) |
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