Israel ordered billions more in military equipment from US than aid agreement covers - report
According to the report, Israel will need approximately $10 billion in additional funding to pay for existing orders after 2028, when the current US military aid agreement is set to expire.
Israel is set to receive approximately $10 billion in additional military equipment from the United States after the current aid agreement expires in 2028, according to a report by The Wall Street Journal. This figure represents the remaining unfunded orders for existing equipment, as the $7 billion in military assistance committed by the US over the next two years will not be enough to cover all the outstanding orders.
The report comes after US President Donald Trump announced his intention to end US aid to Israel, a plan that surprised Israeli officials. Despite this, Israel remains a significant recipient of American military aid, spending about 7% of its GDP on defense, which is higher than any NATO member state. The total amount of aid provided to Israel since its founding in 1948 amounts to approximately $174 billion, with recent legislation proposing a shift towards joint development and production of military technologies instead.
Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- The Billions of Dollars in Orders Complicating an End to U.S. Aid to Israel hindustantimes.com