:

U.S. Signs $38 Billion Military Aid Package For Israel

Friday, September 16th, 2016

SHARE:

U.S. and Israeli officials signed a memorandum of understanding (MoU) Sept. 14 to give Israel $38 billion in military aid over 10 years, including $5 billion for missile defense.The MoU, which covers fiscal years 2019 through 2028, will allow Israel to buy more Lockheed Martin [LMT] F-35 and Boeing [BA] F-15 fighters and “substantially enhance the mobility of its ground forces,” U.S. National Security Adviser Susan Rice said. The agreement will also provide more stability in funding for Israeli missile…

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]