Israel's Defense Industries Adjust to U.S. Aid Restrictions

(Ha'aretz) Hagai Amit - The new U.S. military aid agreement, signed during Obama's last days in office, gradually phases out the Israel Defense Ministry's ability to use American money to buy supplies from Israeli companies. In response, Israeli defense firms have focused on expanding sales in the U.S. Since the American military is required to buy weaponry made in the U.S., Israeli companies are investing millions to expand their production facilities in North America. Israel Aerospace Industries has production facilities in Mississippi and Maryland. Elbit Systems has 2,500 employees at five production and development centers in Texas, Virginia and Florida.


2019-10-25 00:00:00

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