Israel is readying for talks with the Trump administration over a new 10-year security deal, with the aim of extending US military support even as Israeli leaders prepare for a future without billions of dollars of American cash grants.
Israel’s current 10-year “Memorandum of Understanding” with the US, under which Israel has received $3.8bn annually, is set to expire in 2028, and Prime Minister Benjamin Netanyahu has said he wants US military aid to “taper off” in the coming decade.
Gil Pinchas, speaking to the FT before stepping down as chief financial adviser to Israel’s military and defence ministry, said Israel would seek to prioritise joint military and defence projects over cash handouts in talks he expects to take place in the coming weeks.