Wednesday, May 27, 2015

Israel asking US for 50% increase in next defense package


WASHINGTON — Israel reportedly wants the US to increase its annual defense assistance package by half, to an average $4.5 billion.

Defense News reported this weekend that Israel and US officials have in recent months begun negotiations on the next 10-year aid package.
 
The previous package, negotiated by the George W. Bush and Ehud Olmert governments in 2007, averaged $3 billion of assistance each year, for a total of $30 billion, from 2007-2017.