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The Washington Post   
Debate Between Israeli Arrow 3 and U.S. SM3  

"The completion of an Israeli strategic missile shield underwritten by the United States has been called into question as the budget-strapped Pentagon eyes a U.S. alternative. Israel describes its Arrow II system, which shoots down ballistic missiles, as a bulwark against Iran. Arrow III, a higher-altitude version, is on the drawing board and is designed to cap off Israel's multi-tier air defenses."

"But with production schedules hazy and Washington battling economic crises, the United States has hinted it may favor its Standard Missile-3 (SM-3), which is deployed aboard naval vessels...The Pentagon's 2010 budget plan earmarks $120 million for Arrow and related Israeli projects, as well as money for SM-3..."

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