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…
U.S. Signs $38 Billion Military Aid Package For Israel
By
Rich Abott
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