Procurement: December 7, 2001


Israeli Military Industries is in deep debt and deeper trouble. Suppliers have refused to ship materials to the company as it cannot pay its bills. The government (which has given the state-owned company $1.23 billion over the last decade) refused a recent request for another $50 million. The company is hurting due to a drop in export sales and government orders. It is a key supplier of smart bombs and the Merkava-4 tank.--Stephen V Cole




Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   Contribute   Close