The United States and Israel have made it official: The two countries signed a new 10-year military-assistance deal on Wednesday, representing the single largest pledge of its kind in American history
. The pact, laid out in a Memorandum of Understanding, will be worth $38 billion over the course of a decade
, an increase of roughly 27 percent on the money pledged in the last agreement, which was signed in 2007. The diplomatic and military alliance between the two countries is longstanding: Even prior to this week, Israel was, according to the Congressional Research Service, “the largest cumulative recipient of U.S. foreign assistance since World War II.” In many ways, Wednesday’s deal seemed predestined.