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Wednesday, February 10, 2016

US missile defense aid to Israel to cut sharply in 2017

Pentagon documents released on Tuesday indicate that the 2017 budget requests of the US Defense Department include a total of $145.8 million for Israeli missile defense programs, a sharp drop in financial support amid a standoff over American military aid.

The aid, meant for Israel's missile interceptor programs including the short-range Iron Dome, medium-range David's Sling and Arrow ballistic missile interceptor, includes far lower figures than those recorded the year before in 2016, reports Reuters.

A total of $103.8 million for Israeli cooperative programs was listed in the 2017 budget request, in a serious cut from $267.7 million in 2016. The funding for Iron Dome also dropped from $55 million in 2016 to $42 million in 2017. (READ MORE)