![]() ![]() The $500 million in annual missile defense funding under the MOU exceeds the average level of non-emergency support the United States has provided to Israel for missile defense over the last five years. The multi-year missile defense commitment in the MOU will greatly facilitate long-term planning rather than missile defense assistance levels continuing to be appropriated year-to-year. In practical terms, the level of funding specified in the MOU will permit Israel to update the lion’s share of its fighter aircraft fleet - including through the acquisition of additional F-35s - increase its missile defense, and acquire other defense capabilities needed to meet its threat environment. This funding will be disbursed in equal increments of $3.3 billion in FMF and $500 million in missile defense funding each year for the duration of the understanding. ![]() ![]() It includes $33 billion in Foreign Military Financing (FMF) funds and an unprecedented $5 billion commitment in missile defense assistance. This amount represents a significant increase over the current MOU by every measure, and will enable Israel to acquire additional advanced military capabilities from the United States. It will succeed the current $30 billion MOU signed in 2007, which will expire at the end of FY2018. The total value of the new MOU, which covers FY2019- FY2028, is $38 billion ($3.8 billion per year). Under the new MOU with Israel, the Obama Administration has made the largest single pledge of military assistance in U.S. The new 10-year security assistance Memorandum of Understanding (MOU) to Israel is the most recent reflection of President Obama’s unshakeable commitment to Israel’s security. This is particularly true with regard to the security of Israel. Under President Obama’s leadership, the multifaceted cooperation between the United States and Israel has reached unprecedented levels. ![]()
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