Press TV
July 26, 2010

The United States has agreed to fund Israel's new anti-missile system while discussion is underway on Israeli plans to purchase US-made F-35 stealth fighter jets.

The Israeli defense ministry and the US Missile Defense Agency signed an agreement on Sunday under which Tel Aviv will receive full funding for the development and production of Arrow 3 ballistic missile system, Haaretz reported.

In May 2009, US President Barack Obama's administration pledged Washington would continue support for the Arrow project, as it had done since its launch over 20 years ago.

[FULL ARTICLE...]