Netanyahu Proposes Ending U.S. Military Aid to Israel

U.S. military aid and replace it with joint projects funded equally by both countries. Netanyahu made the comments during a May 10 interview with 60 Minutes. He stated that Israel should “draw down to zero the American financial support” for its military.

-Israel Memorandum of Understanding runs through 2028. 3 billion per year in foreign military financing and $500 million annually for missile defense programs. U.S. equipment. Israel is required to spend all such funds in the United States by 2028.

2026 defense budget totals approximately $49 billion. This represents a 6 percent increase from 2025. The country currently spends about 7 percent of its GDP on defense. Israel must also replenish munitions and procure additional aircraft following the October 7, 2023 attacks.

Replacing the aid would require Israel to increase its defense budget further. Israeli procurement plans have already committed more than $20 billion in future aid for additional F-15 and F-35 aircraft. U.S. security interests.