Aids and money control
around the world
·
Around $50 billion
in aid to other countries each year. In terms of the absolute value of aid
given.
·
world's top donor by far.
·
About 1 percent of the budget
goes toward foreign aid.
The U.S. provides Israel $10.2 million* in military aid each day,while
it gives the Palestinians $0** in military aid.
- Israel is the largest recipient of US Foreign Military Financing.
- For FY2015, President Barack Obama’s funding request for Israel would account for more than 55% of FMF worldwide.
- Annual FMF grants account for up to 25% of Israel’s defense budget.
- Israel is allowed to use FMF to purchase weapons produced in Israel. No other country receives this benefit.
- In 2010, the US and Israel agreed to allow Israel tol purchase 19 F-35s at a cost of $2.75 billion. Israel will pay for this entirely using FMF grants supplied by the United States.
- Under negotiated agreements, Israel may purchase an additional squadron of F-35s, up to 75 aircraft, costing a total of $15.2 billion.
- As part of the deal, the U.S. has pledged to spend $4 billion purchasing equipment from Israel’s defense industries.
- In the summer of 2012, the Department of Defense and Lockheed Martin finalized a $450 million agreement to modify the baseline F-35 model to accommodate electronic warfare and munitions systems for Israel’s future F-35 squadrons.
- For FY2015, the Administration is requesting $3.1 billion in FMF to Israel and $10 million in Migration and Refugee Assistance. The Missile Defense Agency’s FY2015 request for joint U.S.- Israeli programs is $96.8 million. The Administration also is requesting $175.9 million for Iron Dome.
