Times of Israel
March 10, 2014
The United States and Israel signed an agreement last week to “continue support of the production of the Iron Dome weapon system,” according to a statement over the weekend from the Missile Defense Agency of the US Department of Defense.
“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,” the statement reads. “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.”
The agreement, concluded last Wednesday, “ensures continued US funding for procurement of Iron Dome systems and interceptors, and provides for significant co-production opportunities for US industry. Under the terms of the agreement, $429 million will be transferred immediately to Israel to support Iron Dome procurement.”