(Times of Israel) An Israeli ministerial committee on Sunday approved a major arms deal with the U.S. to supply the Israeli Air Force with F-35 and F-16 fighter jets, troop-carrying helicopters, refueling planes and arms to the tune of $9 billion. Much of the funding will come from U.S. aid to Israel, but the deal will necessitate loans from American banks, the interest of which will cost the Israeli government $60 million.
2021-02-08 00:00:00Full ArticleBACK Visit the Daily Alert Archive