US and Israel plan to reduce Israeli reliance on US security funding

The United States and Israel have announced a plan aimed at reducing Israel"s reliance on U.S. security funding. The initiative is set to begin with a five-year period during which Israeli firms will engage in extensive procurement from the U.S. defense sector.

As part of this strategy, the integration of Israeli companies into the U.S. defense establishment is expected to generate significant tax revenue for Israel. This move is seen as a step towards weaning Israel off direct security funding from the U.S.

This development comes amid ongoing discussions regarding U.S. foreign policy in the region, including recent developments involving Iran and its influence in the Middle East.

The plan reflects a broader trend of shifting defense partnerships and economic collaborations between the two nations.