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Thu Dec 22, 2011, 07:25 PM

US Earmarks $235 Million For Israel's Defense Systems [View all]

WASHINGTON 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.

However, Pentagon officials were the ones who requested that Congress approve a $106 million aid budget for Israel's defense systems against missiles, on top of the Iron Dome budget.

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http://www.ynetnews.com/articles/0,7340,L-4165744,00.html

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