US to help pay for Iron Dome - Israel News, Ynetnews

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Iron Dome Photo: Herzl Yosef
Iron Dome Photo: Herzl Yosef
Obama and Shimon Peres Photo: Mark Neyman, GPO
Obama and Shimon Peres Photo: Mark Neyman, GPO

US to help pay for Iron Dome

Democrats, republicans slated to approve 2011 budget this week enabling Obama to increase security aid to Israel, transfer $205 million for development of anti-missile system

Yitzhak Benhorin
Published: 04.11.11, 08:36 / Israel News

WASHINGTON – The United States is slated to provide Israel with $430 million worth of security aid in the near future which will include $205 million allocated for the development of Iron Dome batteries.


Democrats and republicans are slated to finalize the 2011 budget in the coming days.


The delay in the approval of the funds was caused by foot-dragging in passing the budget in Congress.


The budget was meant to pass five months ago but partisan conflicts delayed its approval.


According to an agreement between the US and Israel for the next 10 years, 2011 aid was slated to grow to $3 billion (from $2.77 billion) in addition to an extra $205 million for the development of the Iron Dome system.


It is estimated Obama will sign the 2011 budget on Wednesday or Thursday.



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