The United States is planning a $320 million weapons transfer to the Israeli IDF.
Per Reuters:
President Joe Biden's administration has informed the U.S. Congress that it is planning a $320 million transfer of precision bombs for Israel, a source familiar with the plan said on Monday.
The Wall Street Journal first reported that the administration sent formal notification on Oct. 31 to congressional leaders of the planned transfer of Spice Family Gliding Bomb Assemblies, a type of precision guided weapon fired by warplanes.
Citing correspondence it viewed, the Journal said weapons manufacturer Rafael USA would transfer the bombs to its Israeli parent company Rafael Advanced Defense Systems for use by the Israeli defense ministry.
Earlier on Monday, the United Nations said Gaza is becoming a "graveyard for children," amplifying demands for a ceasefire as Palestinian health authorities said the death toll from Israel strikes had exceeded 10,000.
As recently as Sunday, Netanyahu fiercely rejected calls for a ceasefire, saying there would not be one until all Israeli hostages are returned by Gaza-based militant group Hamas, adding “we will simply continue until we defeat them.”
The United States is planning a $320 million weapons transfer to the Israeli IDF
11/7/2023
The Pentagon has officially accepted a $400 million luxury airliner from Qatar that Trump said will serve as Air Force One
5/21/2025 7:01 PMKlarna CEO has said that AI helped company shrink workforce by 40%
5/21/2025 6:04 PMSerious Credit Card delinquencies has risen to 12.31%
5/21/2025 6:01 PMSoftware engineer lost his $150K-a-year job to AI—he’s been rejected from 800 jobs and forced to DoorDash and live in a trailer to make ends meet
5/21/2025 5:58 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.