$1.2 billion of the US’s latest aid package to Israel is to help finance Israel’s Iron Beam laser defense system (see here previously). The US hopes that trials of the system will eventually also benefit the US army. Iron Beam will significantly reduce the cost of intercepting short-range threats.
https://en.globes.co.il/en/article-us-to-invest-12b-in-rafaels-iron-beam-laser-system-1001462661