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'Israel' signs largest-ever military deal with IMCO

  • By Al Mayadeen English
  • Source: Israeli media
  • 5 May 2024 14:35
  • 1 Shares
2 Min Read

The Israeli occupation has signed a whopping $101 million contract for the procurement of electro-mechanical equipment for armored vehicles.

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  • 'Israel' signs largest-ever military deal with IMCO
    Israeli occupation soldiers command a Merkava tank near the separation fence between the Gaza Strip and the Israeli-occupied '48 territories, on April 25, 2024. (AP)

The Israeli Security Ministry is accelerating the procurement of Israeli-made arms-related purchases, as a result of the ongoing war on Gaza. 

According to the Israeli 0404 news website, the Ministry has signed a 376 million Shekel ($101.16 million) with Tel-Aviv-based IMCO, an electromechanical and electrical solutions company concerned with producing and developing military-related systems. 

The Israeli regime is looking to replace and purchase extra electric systems for its Merkava tanks and Nemer and Eitan armored personnel carriers (APCs). 

0404 says that the latest deal is part of a strategy of the Security Ministry's Director General, Major General Eyal Zamir, who has ordered the prioritization of securing deals that strengthen the Israeli military's ground operations capabilities. 

Read more: 'Israel' requests list of weapons from US, ignores list of US demands

The deal signed with IMCO will extend for four years, in which the company will be responsible for delivering approximately $100 million worth of equipment. IMCO will work with several of its US-based subsidiaries to provide the agreed-upon equipment. 

Moreover, this is the largest deal signed by the Israeli ministry with IMCO, highlighting the growing need to refurbish and improve Israeli military vehicles, which have been a constant target for Palestinian Resistance fighters since October 7, 2023. 

Israeli occupation ground forces have been dealt major hits over the course of their war on Gaza. This has included thousands of losses, including deaths and career-ending injuries, to troops and the damage and destruction of Israeli armored vehicles.

The large contract signed with IMCO indicates that the Israeli occupation seeks to replace electronic and electronic-mechanical equipment usually placed on the hull of tanks, making them prone to damage. 

Read more: US made some 100 covert arms deals with 'Israel' since Oct. 7: Report

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