The funds for the contract will come from an $8.7 billion US aid package to Israel that was approved by Congress in April 2024. 

Israel inks multi-billion-dollar deal with Rafael to ramp up Iron Dome production

The major breakthrough in the war in Gaza comes after Israel and Hamas agreed to a peace deal brokered by US President Donald Trump last week.

‘Will be considered a blatant violation’: Israeli defense minister warns Hamas against delay in return of hostage bodies

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Israel inks multi-billion-dollar deal with Rafael to ramp up Iron Dome production

Israeli defense minister warns Hamas against delay in return of hostage bodies