Fruits of Gaza ceasefire: US to fund Iron Dome stock in Israel

The Israeli Ministry of Defense (IMOD) has signed a new contract as part of the US aid package, in collaboration with Rafael Advanced Defense Systems, to expand the production of Iron Dome missiles.

The deal was announced on January 16, 2025, and highlights a strategic partnership aimed at strengthening Israel’s defense capabilities against evolving threats.

This agreement is part of the US aid package agreed in Washington, which allocates $5.2 billion to strengthen Israel’s air and missile defense systems, including the Iron Dome system, the David’s Sling system, and an advanced laser defense platform. This package comes as part of a broader $8.7 billion aid package approved by Congress in April 2024.

The Director General of the Ministry of Defense, Colonel (retd) Eyal Zamir, emphasized the importance of the deal, saying: “The Iron Dome system has changed the characteristics of the battlefield, protected vital infrastructure and saved the lives of many civilians. This agreement will further improve and expand the capabilities of the system.”

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Troy Allison 22:02 18.01.2025
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