[according to the press release](https://mod.gov.il/en/press-releases/press-room/israel-defence-procurement-committee-approves-approves-approximately-15b-plan-to-expand-tank-and-apc-production), The Israeli Ministry of Defence approved a fresh five-year plan worth $1.5 billion to increase the production of armored vehicles. This includes the production of Merkawa Mk4 Barak tanks, dense Namer armoured transporters and Eitan wheeled armored transporters.