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Home Business & Finance Stock Market

Biden administration planning $680 million arms sale to Israel todayheadline

November 27, 2024
in Stock Market
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© Reuters. U.S. President Joe Biden speaks during a dinner with U.S. service members and their families ahead of Thanksgiving at U.S. Coast Guard Sector New York on Staten Island, New York, U.S., November 25, 2024. REUTERS/Nathan Howard
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WASHINGTON (Reuters) – The Biden administration is pushing ahead with a $680 million arms sales package to Israel, a U.S. official familiar with the plan said on Wednesday, even as a U.S.-brokered ceasefire in Lebanon between Israel and Hezbollah has come into effect.

The package, which was first reported by the Financial Times, includes thousands of joint direct attack munition kits (JDAM) and hundreds of small-diameter bombs, according to the official, speaking on the condition of anonymity.


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