Israel to seek new security deal with the US, FT reports
Israel aims to shift from $3.3 billion annual US cash grants to joint military projects in a new 10-year security deal, reflecting its growing defense industry.
- On Tuesday, Israel is preparing for talks with US President Donald Trump's administration on a new 10-year security deal, the Financial Times reported as Israel aims to extend US military support.
- Israel hopes to taper reliance on US cash grants as Israeli leaders plan to prioritise joint military and defence projects while expanding Israel's domestic defence industry.
- The existing 2016 memorandum of understanding provided $38 billion in military aid through 2028, including missile defence systems, while Gil Pinchas said cash support was 'one component' that 'could decrease gradually'.
- Gil Pinchas said talks are expected in the coming weeks as he spoke before stepping down as chief financial adviser, and the US State Department did not immediately respond to a Reuters request for comment.
- Israel's war on Gaza and clashes with Iran frame security priorities amid a conflict that has killed over 71,000 Palestinians and included Israeli military strikes on Iranian nuclear sites.
23 Articles
23 Articles
Israel to seek new security deal with the US, FT reports
Israel is preparing for talks with the Trump administration on a new 10-year security deal, seeking to extend U.S. military support even as Israeli leaders signal they are planning for a future with reduced American cash grants, the Financial Times reported on Tuesday.
Israel eyes joint defense projects as cornerstone of new US defense deal
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Israel is preparing for discussions with the Trup administration on a new 10-year security agreement, trying to extend US military support, even if Israeli leaders have indicated that they will receive financial subsidies...
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