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PressTV: US to give Israel $429 million for its Iron Dome missile system

2012: What's the 'real' truth?

The pentagon says the agreement was signed last week.The pentagon says the agreement was signed last week.

The United States and Israel have signed an agreement under which $429 million of American taxpayers’ money “will be transferred immediately to Israel” to fund its Iron Dome missile system.

The pentagon says the agreement was signed last week in a bid to “continue support of the production of the Iron Dome weapon system” and provide opportunities for US industry to “receive meaningful co-production opportunities for Iron Dome components.”

On March 4, the US House of Representatives also passed a bill which named Israel a “major strategic partner” of the US and called for the expansion of Washington’s military ties with Tel Aviv.

The legislation, which was passed by a 410 to 1…

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