Short on funds for new warships, Israel spends $73 million to rebuild Cold War-era vessel

Jul 20, 2026 | Ticker, Ynet

INS Lahav

With new ship costing more than $235 million and taking up to decade to procure, Navy is spending $73 million to extend INS Lahav’s service life and deploy it mainly to defend offshore gas rigs and other critical maritime infrastructure from missiles and drones| Read More ynet – News 

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