The Israeli Defense Ministry announced it has allocated nearly $540 million to expedite the development of the "Iron Beam" laser air defense system. This system is designed to enhance Israel’s ability to intercept drones and other attacks, particularly from Hezbollah forces in Lebanon. The ministry signed a major agreement worth about 2 billion shekels ($537 million) to accelerate the development and integration of the laser-based system into Israel's air defense network.

(According to AFP)

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