Funding Needed for Missile Defense Israeli Military Felt Wasn't Worth Paying For
The Israeli government has reportedly submitted a formal request for the US to agree to an additional $700 million in military funding, above and beyond the massive amount already allocated, to pay for the Iron Dome and Magic Wand missile defense systems.
This request is above and beyond the money the Pentagon was already seeking for Israel’s Iron Dome system, as the short range missiles, which were largely unsuccessful during the recent Gaza Strip attacks. The Israeli government wants to expand the number of batteries available.
The Iron Dome system was initially defunded by the Israeli military in 2010, when they decided it was not cost effective. The US immediately approved full funding for it. Now, the US is liable to be on the hook for the Magic Wand system as well.
Though official statements from the US have not been made on the new request, reports say that the US is likely to make the $700 million a de facto bribe, aimed at convincing Israel to delay its attack on Iran just a little longer.
Last 5 posts by Jason Ditz
- 12 Chechen Fighters Killed in Central Syria - May 24th, 2013
- Syrian Rebel Unity Talks on Brink of Collapse - May 24th, 2013
- New US Embassy Guards to Cost $1.6 Million Each - May 24th, 2013
- Constant Mortar Fire as Sectarian Violence Continues in North Lebanon - May 24th, 2013
- Obama's Drone Limits Welcomed in Pakistan, If They Pan Out - May 24th, 2013