Washington, DC – The US House of Representatives authorized a sum of $205 million dollars for financing joint US-Israel missile defense system projects.
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The sum, part of a $504 billion defense spending bill passed, will be directed to projects currently being developed in Israeli factories.
The systems is meant to be able to withstand ballistic missiles developed by Iran.
Within this framework, $25 million will be added to the production of Arrow missiles, $45 million will be provided for developing David's Sling, a missile defense system that is capable of intercepting medium-range rockets and $135 million will buy the ground-based Theater High-Altitude Area Defense (THAAD) system. [J Post]