The United States pledged in a deal inked yesterday to underwrite expenses for the creation of Israel's Arrow 3 missile defense system, the Jerusalem Post reported (see GSN, May 27).
Washington last year affirmed its intention to maintain funding for the Arrow missile shield, as it had done since the project was conceived more than two decades earlier. Jerusalem, though, feared the Obama administration would ax funding for the effort as it pursued various defense spending reductions.
The Arrow 3 system, slated to enter operation in 2012-2013, would be able to shoot down enemy missiles at greater distances and higher altitudes than Israel's current Arrow missile shield. The weapon is likely to require $100 million in development expenses.
U.S. Missile Defense Agency head Lt. Gen. Patrick O'Reilly signed the pact with Brig. Gen. Ofir Shoham, head of the Israeli Defense Ministry's MAFAT Research and Development Directorate (Yaakov Katz, Jerusalem Post, July 27).