Israel will need to boost its military spending to manage future possible threats originating from the recent political upheavals in Middle East nations, Defence Minister Ehud Barak has said.

“The issue of qualitative military aid for Israel becomes more essential for us. It might be wise to invest another $20bn to upgrade the security of Israel for the next generation or so,” he added.

The minister also said that the country would have to increase its spending over the long-term and may seek an additional $20bn in US security assistance.

According to defence analysts, Israel spends about $17bn per year on defence, of which US military assistance accounts for $3bn, according to the Wall Street Journal.

Israel will have to accept the Obama Administration proposal to resume US-mediated talks with Palestine in order to seek additional military aid, Barak added.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Army Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Army Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now