(Communicated by the Prime Minister’s Media Adviser)

Following a discussion that was held this evening (Sunday), 4 February 2007 with – inter alia – Defense Minister Amir Peretz, Minister Rafi Eitan and senior defense establishment officials, Prime Minister Ehud Olmert decided to approve the recommendation of Defense Minister Peretz and the defense to develop the “Iron Dome” defense system against short- and intermediate-range missiles.

The Prime Minister said that this was the most successful alternative in terms of the solutions it provides, the timetable for its development and costs. He added that it was clearly necessary to develop and deploy this system, which along with other long- and intermediate-range defensive systems, would provide residents of Israel with optimal protection against missiles. 

The Prime Minister instructed the defense establishment to consult with the Finance Ministry on the various possibilities for financing the development and acquisition of the system.