The United States will provide Israel's military with $38 billion during the next 10 years, officials said Tuesday, the largest batch of military assistance the U.S. has ever pledged to another country. The U.S. and Israel haven't disclosed the exact sum, but officials familiar with the deal said it totals $3.8 billion a year — up from the $3.1 billion the U.S. gave Israel annually under the previous 10-year deal. Under the agreement, Israel's ability to spend part of the funds on Israeli military products will be gradually phased out, eventually requiring all of the funds to be spend on American military industries. The new agreement also eliminates Israel's ability to spend a fraction of the funds on fuel for its military. Israeli officials have said predictability about U.S. aid is important to help its military plan ahead.
Source: Fox News September 13, 2016 20:33 UTC