The U.S. and Israel would create a new program to test and use defense technology faster. It would focus on drones, missiles, cyber threats, artificial intelligence, and other military tools. Congress would get updates, and the bill allows $150 million a year for 2027 through 2029.
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United States-Israel FUTURES Act of 2026 is a House bill in committee. The latest recorded action: Referred to the Committee on Armed Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Latest action on H.R. 7540: Referred to the Committee on Armed Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Who this affects: This bill mainly affects the U.S. military, Israeli defense partners, defense companies, research universities, and lawmakers who oversee defense spending. The U.S. military could get faster access to new tools. Companies and universities in both countries could see more joint projects. Congress would get regular updates so it can track what the program does and what it costs.
Why this matters: This bill matters because it could change how fast the U.S. military gets new tools for drones, missiles, cyber threats, and artificial intelligence. It could deepen U.S.-Israel defense ties and create more work for companies and researchers in both countries. It also raises questions about cost, foreign technology dependence, classified oversight, and how advanced tools may be used.
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