UPDATE: Emerging US-Israel Aid Deal Would Keep Direct Funding Through 2033, Reports Say
The proposed framework would keep annual direct aid near $3.3 billion but shorten the next package to five years. No final agreement has been announced.
An emerging U.S.-Israel security agreement would keep direct military funding near its current annual level through 2033, rather than end it immediately. The proposal would shorten the next funding package from ten years to five. No final agreement has been announced.
Under the reported terms, annual Foreign Military Financing would remain near $3.3 billion after the current agreement expires in 2028. Five years at that level would total about $16.5 billion, compared with $33 billion over ten years. The overall package would be halved because it covers fewer years, not because annual direct funding would be cut in half.
Separate funding for joint missile-defense work, currently $500 million a year, could increase. The proposed new amount has not been specified. That funding supports systems including Iron Dome, David's Sling and Arrow.
Teams from both countries are negotiating the framework, with the aim of completing it before the new Congress takes office in January. Annual congressional funding would still be required.
As previously reported, President Donald Trump earlier said U.S. military aid would end by the close of 2026. The emerging framework would take a different approach. The current aid agreement remains in force through 2028.
The photo shows U.S. and Israeli color guards at a 2018 military exercise closing ceremony, not the current negotiations.