The Trump Administration praises the support for Israel shown in the new ten-year defense agreement signed in 2016 under President Barack Obama.
The 10-year $38-billion Memorandum of Understanding went into operation on Monday, the first day of the new fiscal year.
Under the memorandum, the United States will set funding for Israel at levels of $3.3 billion in Foreign Military Financing and $500 million for cooperative programs for missile defense over each of the next ten years, the State Department said in a statement.
The agreement marks “a significant increase enabling Israel to acquire additional advanced military capabilities from the United States that will, over time, enhance Israel’s security and strengthen our bilateral relationship,” said the statement.
“Our implementation of this historic MOU reflects the enduring and unshakable commitment of the President, this Administration, and the American people to Israel’s security. The MOU was negotiated under the previous Administration, reflecting the bi-partisan nature of this commitment,” it said.
— JTA
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