US Congress has approved a deal to significantly increase the stockpile of military equipment held in Israel over the next two years in a move to upgrade military ties between the two allies.

The deal will see $400m of smart bombs and other precision weaponry and equipment moved to Israel over the next two years.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Under the terms of the US foreign aid law governing reserve stockpiles for allies, the armamanets will be available for use by the US and Israel.

The total value of US military equipment stockpiled in Israel will be $1bn in 2011, with another $200m to be added in 2012, according to Agence France Presse.

Army Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Army Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact across the defence sector.

Excellence in Action
SignalGeneriX has won the Autonomous Technology Innovation Award for its LOTUS AI Mission Computer -a compact, rugged edge AI platform delivering up to 100 TOPS for ISR, EW, robotics and autonomous systems. Discover how LOTUS is redefining real-time decision-making and autonomy across demanding defence missions.

Discover the Impact