U.S. Congress Okays $500m for Defense Projects With Israel

Aid to fund missile interception, navigation systems; funds to be separate from regular military aid.

The United States Congress on Friday approved an additional $500 million for developing joint defense projects with Israel.

The funds will be allocated between many different projects, including the development of a short-range missile interception system, navigation systems for missiles and combat aircraft, and aerial drones.

The money is not part of the regular military aid to Israel, which currently stands at over $2 billion.

The Senate authorized the funding after it was approved by the House of Representatives on Thursday.

The amount approved by Congress is well in excess of the $270 submitted for approval by the U.S. Government.