US to allocate $1B to Iron Dome

American defense budget for 2013 to include Israel's requested sum for missile defense system aid

http://www.ynetnews.com/articles/0,7340,L-4225996,00.html

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"A US House panel has unveiled a $608 billion defense spending bill that restores some of the programs the Pentagon wanted to cut next year and provides nearly $1 billion for Israel's missile defense systems including the Iron Dome and Magic Wand.

The House Appropriations Committee released the bill on Monday that includes $519.2 billion for the fiscal 2013 base budget and $88.5 billion for Afghanistan and other counterterrorism activities. That's $1.1 billion more than the current level and $3.1 billion more than President Barack Obama requested.

In the beginning of the Month it was reported that Israel asked the United Stated for a sum of $1 billion to help develop its missile defense systems. Last year, President Obama approved the allocation of $205 million for the development of the Iron Dome and Magic Wand programs."