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Israel, US Replace Aid with $1 B Annual Tech Partnership

5/20/2026

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Summary

Story summary

Israel and the United States launched an initiative to phase out aid and replace it with a $1 billion-per-year partnership.
Prime Minister Benjamin Netanyahu said Israel will keep U.S. aid for a decade, noting its Iran-war role and that the aid yields four times its cost.
The plan adds joint defense investment, Israel’s entry into the U.S. Dome program, and a $1 billion-per-year ten-year fund for a semiconductor fab and fusion research.

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Story summary

Israel and the United States launched an initiative to phase out aid and replace it with a $1 billion-per-year partnership.
Prime Minister Benjamin Netanyahu said Israel will keep U.S. aid for a decade, noting its Iran-war role and that the aid yields four times its cost.
The plan adds joint defense investment, Israel’s entry into the U.S. Dome program, and a $1 billion-per-year ten-year fund for a semiconductor fab and fusion research.