Israel has test-fired its new Arrow-3 anti-ballistic missile system, the country's main defense against Iran's Shehab-3 missiles, as it drives to boost its arsenal of about 120 of the weapons amid rising tension in the Persian Gulf.
The tests, conducted at the Palmachim Air Base on the Mediterranean south of Tel Aviv, were carried out to check the propulsion system and tracking sensors and were apparently successful, the Arutz Sheva news agency reported.
The Defense Ministry is meanwhile grappling with the problem of how to fund the development of Arrow-3 and the system's new Magnificent Pine radar. Ministry sources say $3.9 billion is needed to produce more batteries of the long-range, high-altitude Arrow built by state-owned Israel Aerospace Industries. Read More