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US-Israel Fund for Joint Defense Projects in Emerging Technologies.

This act establishes a new fund to finance collaborative research and development projects between the United States and Israel focusing on advanced defense technologies. The goal is to strengthen the security of both nations by developing systems in areas like artificial intelligence and cybersecurity. The legislation authorizes $50 million annually in taxpayer money for this purpose over five fiscal years.
Key points
Creation of the United States-Israel Future of Warfare Research and Development Fund, managed by the Secretary of Defense.
Authorization of $50 million annually (2024-2028) for cooperation in emerging defense technologies (e.g., AI, cybersecurity).
These funds are intended to develop new warfare capabilities for US and Israeli armed forces to meet emerging security challenges.
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Additional Information
Print number: 118_S_1802
Sponsor: Sen. Peters, Gary C. [D-MI]
Process start date: 2023-06-01