Newsletter Subscription


Wednesday, March 4, 2015


United States and Israel Sign Agreement on Iron Dome Weapon System

The United States and the State of Israel concluded an agreement on March 5 to continue support of the production of the Iron Dome weapon system.

The Iron Dome system is capable of intercepting and destroying short-range rockets, and mortar and artillery shells, and is an invaluable component of Israeli missile defense. During Operation Pillar of Defense in 2012, Iron Dome was credited with saving countless Israeli lives, and was called a "game-changer" by many Israeli policy-makers. Yesterday's agreement ensures continued U.S. funding for procurement of Iron Dome systems and interceptors, and provides for significant co-production opportunities for U.S. industry. Under the terms of the agreement, $429 million will be transferred immediately to Israel to support Iron Dome procurement.


Related Research on ASDReports.com:
Military Smart Weapons Market 2014-2024

The agreement represents strategic value for both nations. Israel will obtain valuable resources to contribute to its defense and U.S. industry will receive meaningful co-production opportunities for Iron Dome components.

Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.

Source : Missile Defense Agency (MDA)

Published on ASDNews: Mar 8, 2014

 

ITAR US Defense Trade Controls e-Seminar

Jan 1 - Dec 31, 2015 - Online, Online

Register More info


© 2004-2015 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk