Wednesday, February 15, 2012

US to cuts aid for Israel's Arrow and Iron Dome anti-missile programs f

The Obama administration's budget proposal for the 2013 fiscal year, which begins in October 2012, includes reductions in US aid for Israel's Arrow and Iron Dome anti-missile programs for the second consecutive year. The budget proposal increases regular military aid to $3.15 billion from $3 billion this year, in line with the 2007 aid formula reached between the two countries.

 
The 2013 budget proposal includes $99,836,000 for Israeli missile programs, down from $106.1 million in 2012 and $121.7 million in 2011. The proposal includes $50,892,000 for the Arrow 3 exo-atmospheric anti-ballistic missile, which is under development, and $10,665,000 for the Arrow system enhancement program. The Iron Dome system against short-range missiles is allocated $38,279,000. 

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