Benny Gantz, Moshe Ya'alon, Binyamin Netanyahu
Benny Gantz, Moshe Ya'alon, Binyamin NetanyahuFlash 90

Former IDF Chief of Staff Benny Gantz's new political party will be named 'Hosen Leyisrael', or 'Israeli Resilience' ahead of the upcoming elections in April.

Gantz's new party puts an end to the mounting speculation regarding the decorated officer's political future. While Gantz was expected to throw his hat into the ring, it was unclear whether he would join an existing party or start his own. Reports on Monday had indicated that he may not be able to form a new party in time for the April 9 elections and will be forced to join an existing party.

Earlier this week, Channel 10 said that Zionist Union leader Avi Gabbay had offered Gantz to helm the party in his stead, an offer which Gantz turned down.

Meanwhile, a Channel 10 News poll published on Tuesday found that the Likud party maintains its strength with 30 seats, with Yesh Atid behind it with 15 seats. If Gantz decides to run, his party will win 15 Knesset seats, with Likud winning 27 seats, according to the poll.

On Tuesday, Hadashot 2 reported that advanced contacts have been taking place over an alliance of former chiefs of staff Benny Gantz and Moshe Ya'alon, with Gantz heading the party for the 21st Knesset.

According to the report, the list of the chiefs of staff will seek to provide a response to security concerns, with Yaalon's inclusion aimed at avoiding a left-wing image for the party. Among the names rumored to join Gantz's new party are educator Chili Tropper and Itzik Kreis, a former chief medical officer and current director of Sheba hospital.

Former Justice Minister and long-time Likud lawmaker Dan Meridor is also rumored to be a candidate for Gantz's faction.