US concludes record Israel military aid deal

US agrees to 'single largest pledge of bilateral military assistance in US history' for Israel.

Arutz Sheva Staff ,

Netanyahu with Obama
Netanyahu with Obama
Flash 90

The United States has agreed to a record multi-billion-dollar deal to provide its ally Israel with military aid for 10 years from 2019, the State Department said Tuesday.

The memorandum of understanding will be signed Wednesday, it said, and "constitutes the single largest pledge of bilateral military assistance in US history."

Officials did not give the sum involved, but US military aid to Israel currently stands at $3.1 billion per year so this ten-year deal represents well over $30 billion.

It comes despite reported mounting frustration within President Barack Obama's administration at Israel's policy of building what it terms as "settlement" homes in Judea and Samaria.

Washington has repeatedly expressed the view that Prime Minister Benjamin Netanyahu's policies - along with Palestinian violence - are putting at risk hopes of an eventual peace deal.

But Israel remains the United States' number one ally in the region and the biggest single recipient of US military aid, while also a big customer for US arms exports.

AFP contributed to this report