U.S., Israel Reach New 10-Year FMF Accord

Credit: Iron Dome: Natan Flayer
The latest 10-year, $33 billion U.S. Foreign Military Financing (FMF) agreement with Israel that took effect on Oct. 1 is worrisome to some in Israeli industry, who fear a loss of footing on the international market. The memorandum of understanding says Israel’s ability to convert 26.3% of the...

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