U.S. approves $20 billion in weapons sales to Israel amid threat of wider Middle East war

U.S. approves  billion in weapons sales to Israel amid threat of wider Middle East war


Israeli Prime Minister Benjamin Netanyahu speaks to reporters alongside Speaker of the House Mike Johnson (R-LA) at the U.S. Capitol Building on July 24, 2024 in Washington, DC. 

Anna Moneymaker | Getty Images

The U.S. has approved $20 billion in arms sales to Israel, including scores of fighter jets and advanced air-to-air missiles, the State Department announced Tuesday.

Congress was notified of the impending sale, which includes more than 50 F-15 fighter jets, Advanced Medium Range Air-to-Air Missiles, or AMRAAMs, 120 mm tank ammunition and high explosive mortars and tactical vehicles and comes at a time of intense concern that Israel may become involved in a wider Middle East war.

However, the weapons are not expected to get to Israel anytime soon, they are contracts that will take years to fulfill. Much of what is being sold is to help Israel increase its military capability in the long term.

“The United States is committed to the security of Israel, and it is vital to U.S. national interests to assist Israel to develop and maintain a strong and ready self-defense capability. This proposed sale is consistent with those objectives,” the State Department said in a release on the sale.

The Biden administration has had to balance its continued support for Israel with a growing number of calls from lawmakers and the U.S. public to curb military support there due to the high number of civilian deaths in Gaza. It has curbed one delivery of 2,000-pound weapons amid continued airstrikes by Israel in densely populated civilian areas in Gaza.



Source

Iga Swiatek defeats Amanda Anisimova 6-0, 6-0 to win her first Wimbledon title
World

Iga Swiatek defeats Amanda Anisimova 6-0, 6-0 to win her first Wimbledon title

Poland’s Iga Swiatek poses with the trophy alongside runner-up Amanda Anisimova of the U.S. after the women’s singles final at Wimbledon on July 12, 2025. Stephanie Lecocq | Reuters Iga Swiatek won her first Wimbledon championship with a 6-0, 6-0 victory over Amanda Anisimova on Saturday in the first women’s final at the tournament in […]

Read More
Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses
World

Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses

To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and […]

Read More
The markets are telling you not to worry with steep drop in volatility. Should you listen?
World

The markets are telling you not to worry with steep drop in volatility. Should you listen?

As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in corporate-credit spreads, the investment universe […]

Read More