Israeli Air Force pilots take off for the first time over Israel in their new F-35 Adir.
By IDF Spokesperson’s Unit
By IDF Spokesperson’s Unit
By The Associated Press
Israel said on Sunday that it will expand its fleet of next-generation F-35 fighter jets in a move that officials believe will help maintain the country’s qualitative military edge over its Mideast neighbors for years to come.
Prime Minister Benjamin Netanyahu’s office announced that his Security Cabinet has approved the purchase of 17 additional F-35s. In all, it said, the acquisition will bring the number of planes the air force will get to 50. Continue Reading »
By ILTV,
View original Arutz Sheve publication at:
http://www.israelnationalnews.com/News/News.aspx/220318
By Arutz Sheva Staff
The Ministry of Defense, continuing its countdown to the December 2016 arrival of Israel’s first F-35s, last week completed its semi-annual data summary.
In the framework of the industry cooperation agreement signed in 2010 by the Defense Ministry’s Procurement Department and the plane’s manufacturers led by primary contractor Lockheed Martin,
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3.8 billion NIS ($993 million) worth of reciprocal procurement transactions have thus far been signed. Continue Reading »
“The Defense Ministry’s $250 million debt to Israel Aerospace Industries is burdening its activities,” IAI CEO Yossi Weiss told Israel Hayom at the Farnborough Airshow on Monday. “We are slowing our pace, and even moving people between projects.”
“However, this is a not a lost debt,” Weiss continued. “For our part, we will continue to work and do all that is necessary, particularly given these tough times [the security situation in Israel].