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Friday, December 23, 2011
US earmarks $235 million for Israel's defense systems
The Unites States has announced it will allocate $235 million for the development of safeguards against rockets and missiles that could be launched towards Israel by Hezbollah and Iran.
A large part of the funds will go towards the development of the David's Sling system, designed to intercept medium- to long-range rockets and cruise missiles, and the Arrow 2 and 3 systems against long-range ballistic missiles.
This unprecedented sum comes at an unexpected time, while the American government is dealing with large budget cuts, including at the Pentagon.
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