Shimon Peres 1968. He held negotiations with John F. Kennedy, which concluded with the sale of Hawk anti-aircraft missiles to Israel, the first sale of US military equipment to Israel. In 1969, Peres was appointed Minister of Immigrant Absorption and in 1970 he became Minister of Transportation and Communications. In 1974, after a period as Information Minister, he was appointed Minister of Defense in the Yitzhak Rabin government, having been Rabin's chief rival for the post of Prime Minister after Golda Meir resigned in the aftermath of the Yom Kippur War. During this time, Peres continued to challenge Rabin for the chairmanship
Prime Minister of Israel in power until 1992. Rabin became prime minister for the second time when he led Labour to victory in the 1992 elections. After his assassination on 4 November 1995, Peres took over as prime minister. During the thirteenth Knesset (1992–1996) it was decided to hold a separate ballot for prime minister modeled after American presidential elections. This system was instituted in part because the Israeli electoral system makes it all but impossible for one party to win a majority. While only two parties—Mapai/Labour and Likud—had ever led governments, the large number of parties or factions in a typical Knesset usually