Israel’s Iron Dome Cost $25–$30M

Israel’s Iron Dome system, which intercepts Palestinian rockets, cost between $25 million and $30 million during the eight days of fighting, the Israeli government said Thursday. The five truck–towed Iron Dome batteries shot down 421 of the 1,500 rockets launched from the Gaza Strip from Nov. 14–21. The Israeli military said the Iron Dome had a success rate of 90 percent, because the system only goes after rockets that threaten populated areas. Israel’s civil defense minister said, “Were the Iron Dome traded on the [Tel Aviv] stock exchange or Nasdaq, it would have multiplied its share value several times over.”