Israel Aerospace Industries CEO Boaz Levy vehemently rejects reports of a shortage of Arrow 3 interceptors.
In a conversation this morning (Monday) with Reshet B, Levy clarified: "The amount of interceptors we have today is sufficient to withstand attacks. We have sufficient stock to defend the State of Israel, and we have a response to any threat.".
Levy noted that the IAI has overcome difficulties stemming from the arms embargo imposed on Israel by several countries - and has transferred production of key components to Israel. "We manufacture in Israel, close gaps and continue to produce without interruption," he said.
He said the production rate has been significantly increased: the factories work three shifts a day and all production lines are producing much more than before. He emphasized: "There is currently no barrier preventing further expansion of production.".
Regarding the export deal to Germany, which was signed for approximately $3.2 billion, Levy noted that all the interceptors for the deal are manufactured in Israel.
He said that the production lines were also strengthened due to this deal, and there are additional countries that are showing interest in the system - a move that is being carried out in coordination with the American partners.
At the same time, Israel's air defense system has been strengthened and operates in full daily coordination with the United States. The cooperation has been defined as significant and vital, and includes the integration of complementary means such as the American THAAD system and SM-3 missiles fired from ships.
Levy concluded that Israel has the "best active defense in the world," with the cost of an Arrow system interceptor missile estimated at about $3 to $4 million.
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