U.S. Foreign Aid to Israel
Israel Practice Attorney Meital Stavinsky and Public Policy & Regulation Attorney Ron Klein wrote an article for The Jerusalem Post discussing the Israeli defense industry and major changes to the terms of U.S. foreign aid to Israel. Israel is the largest cumulative recipient of U.S. foreign aid, so development of military technology there has relied heavily on U.S. Foreign Military Financing (FMF). However, the terms of FMF are quickly changing to restrict where the funding is spent. By 2028, Israel will no longer be able to spend FMF funding outside of the United States, ultimately posing a threat to both Israel's technological defense independence and local production lines and defense factories.
"A well thought-out plan and advanced preparation is essential for local defense industries and businesses that are dependent on selling products under the FMF... they must take action."