Obama Seeks $205 Million to Fund Israeli Missile Defense
Funds Would Be in Addition to Billions in Annual Aid
by Jason Ditz, May 13, 2010
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With the deficit soaring and America’s own military facing a prospective budget crunch, President Obama today announced that he intends to seek $205 million in additional funding for Israel’s missile defense system.
White House spokesman Tommy Vietor, who announced the proposal, cited the “threat” posed by Hamas and Hezbollah as the reason for the funding of the “Iron Dome” system, made by Israel’s state owned weapons company Rafael.
The $205 million, if approved, will be in addition to the roughly $3 billion the Obama Administration has set aside annually for military aid to Israel.
Iron Dome has faced considerable criticism based on cost overruns and a checkered history of testing. Even if it eventually proves effective the wisdom of spending some $50,000 per missile to shoot down the inexpensive rockets it is effective against has been questioned.
Obama wants $205 million more funding for Israel's military
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Israeli minister approves $4B U.S. fighter jet deal
[web]https://www.ctv.ca/CTVNews/World/2010081 ... al-100815/[/web]
As a footnote, since this article states it originated at the Associated Press, I tried to find the article there without success. Navigating that site is painful to say the least.
So this isn't actually a standard sale & purchase at all, but another gift from the U.S. to Israel. This doesn't conflict with the concept of "honest brokers" in the slightest. </sarcasm>The purchase will be funded by U.S. military aid to Israel.
As a footnote, since this article states it originated at the Associated Press, I tried to find the article there without success. Navigating that site is painful to say the least.