News U.S. Barak returns home with U.S. treats Facebook Twitter Email SMS WhatsApp Share By J. Correspondent | July 16, 1999 At the same time U.S. military aid to Israel would increase by $60 million a year. At the end of the 10-year period, Israel would receive $2.4 billion a year in military aid. The codification of the agreements, subject to congressional approval, is expected to nix White House efforts to end the economic aid sooner. *Barak decided to purchase 50 advanced F-16 fighter jets in a deal worth $2.5 billion, making it the largest defense contract ever signed by the state. Most of the funding will come from the U.S. aid package. *Clinton promised to go to Congress to seek an additional $1.2 billion of aid for Israel. The package, which also includes $400 million for the Palestinians and $300 million for the Jordanians, was promised during October's Wye peace talks. Except for a partial payment to Jordan, the aid was never delivered because of the stalemate in the peace process. *Clinton agreed to pay an estimated $200 million for a third Arrow missile battery, which is designed to destroy incoming missiles. *An Israeli astronaut and payload of Israeli experiments will be launched on a U.S. space shuttle next year, and Clinton and Barak agreed to establish a committee made up of NASA and the Israel Space Agency for the "development of practical applications in the peaceful use of space." J. Correspondent Also On J. U.S. J Street presses candidates on conditioning aid to Israel U.S. With new spending bills, Congress signals renewed support for two-state solution U.S. Bernie Sanders: Some US aid money to Israel should go to Gaza U.S. Biden takes swipe at Sanders over idea to withdraw military aid from Israel Subscribe to our Newsletter Enter Email Sign Up