Memoranda de entendimiento5/30/2023 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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