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Obama Signs Iron Dome Funding Bill For Immediate Boost in Interceptor Production

Defense Daily Staff

Monday, August 18th, 2014

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President Barack Obama signed into law late Aug. 4 a bill providing $225 million in emergency supplemental funding for the Iron Dome missile defense system in Israel. The funding for the current fiscal year would help Israel “sustain production of Iron Dome components in order to maintain adequate stockpiles of Iron Dome interceptors and equipment,” according to a White House statement. Defense Secretary Chuck Hagel requested the funding on July 22, when he wrote to Congress asking for the additional…

Congress

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CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

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