This is the first time that military aid to Israel has been determined under the memorandum of understanding between Israel and the US governing the US aid package for ten years from 2019. Israel will receive $3.8 billion annually in total – $3.3 billion for financing military procurement and $500 million for the rocket and missile defense programs Iron Dome, Arrow 2, Arrow 3, and David’s Sling (Magic Wand).
GLOBES:
The amount is in accordance with the MOU between the US and Israel governing military aid for ten years from 2019.
