Pentagon to spend $3.5 billion to re-stock as Israel operation costs mount
The funds, outlined in budget documents prepared through mid-May, are meant for both weapons restocking - such as for the missiles fired to repel Iranian attacks, including at least $1 billion for RTX missile interceptors - as well as for a range ...

The funds, outlined in budget documents prepared through mid-May, are meant for both weapons restocking - such as for the missiles fired to repel Iranian attacks, including at least $1 billion for RTX missile interceptors - as well as for a range of mundane tasks including radar upkeep, refurbishing vessels and transporting munitions. Almost every paragraph outlining US-specific items to be bankrolled is tagged as an "emergency budget request."
Detailed in several documents dating back to September and submitted to congressional defense committees, the replenishment blueprint draws on the 2024 Israeli Security Supplemental Appropriations Act, which includes $14 billion in part to rebuild US inventory and pay for more Israeli missile interceptors. The documents cite US efforts to counter Iran's April 2024 attack that involved more than 110 medium-range ballistic missiles.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.