The United States and the State of Israel have signed a $429 million agreement on March 5 to continue support of the production of the Iron Dome weapon system.
The Iron Dome system is capable of intercepting and destroying short-range rockets, and mortar and artillery shells, and is an invaluable component of Israeli missile defense. During Operation Pillar of Defense in 2012, Iron Dome was credited with saving countless Israeli lives, and was called a "game-changer" by many Israeli policy-makers.
The agreement ensures continued US funding for procurement of Iron Dome systems and interceptors, and provides for significant co-production opportunities for US industry.