Hello, Guest!
  • Monday, December 23, 2024

Report: Israel to Purchase 17 More F-35s Under Potential $2B Deal


Israel has signed an agreement with the U.S. government and Lockheed Martin (NYSE: LMT) to buy an additional 17 F-35 fighter jets worth approximately $1.7 billion, The Times of Israel reported Sunday.

Israel’s defense ministry said Lockheed is slated to deliver the new batch of 17 F-35s by December 2024 after the country’s initial order of 33 aircraft is completely shipped off in 2021.

The ministry added the U.S. government negotiated with Lockheed to reduce the cost of the fighter aircraft to less than $100 million per unit, the report noted.

The Israeli air force currently owns five F-35s and expects to declare the aircraft as operational in 2018.

Video of the Day

Related Articles

Mercury Systems EVP Mitch Stevison to Step Down in December Executive Moves

Mercury Systems EVP Mitch Stevison to Step Down in December

Mitch Stevison is stepping down as executive vice president and president of the mission systems division at Mercury Systems (Nasdaq: MRCY) on Dec. 1 after more than a year in the position. Bill Ballhaus, chairman and CEO of Mercury Systems, will head the division on an interim basis until a permanent successor is appointed, the

Nathan Pritchard Named Chief Engineer for Launch & Test Range Systems at Ensco Executive Moves

Nathan Pritchard Named Chief Engineer for Launch & Test Range Systems at Ensco

Nathan Pritchard, a 26-year systems and cybersecurity engineering veteran, has been appointed chief engineer for launch and test range systems on Ensco‘s systems engineering and integration program. He announced his new role in a recently published LinkedIn post and will oversee the company’s SE&I efforts supporting the U.S. Space Force’s Space Launch Delta 30 and

Industry Veteran Andy Windon Takes on VP Role at CAE’s Defense & Security Business Executive Moves

Industry Veteran Andy Windon Takes on VP Role at CAE’s Defense & Security Business

Andy Windon, a more than two-decade defense industry veteran, has joined aerospace technology manufacturer CAE as vice president of engineering and technology within its defense and security business, according to a LinkedIn post. Windon spent over a decade at Raytheon, now an RTX (NYSE: RTX) business, where he most recently served as principal engineering fellow