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Israel says it has secured US$8.7 billion US aid package

Israel says it has secured US$8.7 billion US aid package

A military vehicle with a laser transits during an Israeli raid in Jenin, in the Israeli-occupied West Bank, on Sep 25, 2024. (Photo: REUTERS/Raneen Sawafta)

JERUSALEM: Israel said on Thursday (Sep 26) it had secured an US$8.7 billion aid package from the United States to support its ongoing military efforts and to maintain a qualitative military edge in the region.

The package includes US$3.5 billion for essential wartime procurement, which has already been received and earmarked for critical military purchases, and US$5.2 billion designated for air defence systems including the Iron Dome anti-missile system, David's Sling and an advanced laser system.

Israel is currently fighting on two fronts, against the Palestinian militant group Hamas in Gaza and the Iran-backed Hezbollah movement in Lebanon.

The aid announcement came after negotiations at the Pentagon between Eyal Zamir, the director general of Israel's defence ministry, and US defence officials, including acting Under Secretary of Defense for Policy Amanda Dory, Israel's Defense Ministry said in a statement.

"This substantial investment will significantly strengthen critical systems such as Iron Dome and David's Sling while supporting the continued development of an advanced high-powered laser defence system currently in its later stages of development," it said.

The ministry said the deal underscores the "strong and enduring strategic partnership between Israel and the United States and the ironclad commitment to Israel's security", particularly in addressing regional security threats from Iran and Iranian-backed militias.

Source: Reuters/ec

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