Will terms of Obama’s Israel military aid MOU spell death for Israel’s aircraft industry?

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Israelis Debate Future of U.S. Military Aid
by David Isaac
June 11, 2018

For most people, American aid to Israel is the measure of the “special relationship” between the two countries. AIPAC, the major pro-Israel lobby in the United States, considers its efforts to secure this aid its No. 1 priority. It was therefore surprising to hear senior Israeli officials in late May complain about American assistance, with one describing it as a drug addiction. Their outburst centers around two innovations introduced into the 10-year Memorandum of Understanding (MOU), the official name for the American aid agreement, which was negotiated between the Obama and Netanyahu administrations in 2016. READ MORE

JERUSALEM POST Nation’s defense firms to lose over $1b. annually with U.S. aid deal The Israeli arms industry is expected to lose $1.3 billion in revenue each year and as many as 22,000 workers could lose their jobs when the latest agreement for military aid from the US kicks in at the end of this year, the Defense Ministry warned at a Knesset Finance Committee meeting on Monday

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