(Reuters) Boeing has signed a reciprocal procurement agreement with Israel that calls for the firm to collaborate with Israeli industries for at least 35% of the value of any transaction it signs with the Israeli government, Israel's Economy Ministry said Tuesday. This could ease concerns in Israel over new requirements in a U.S. aid package that divert funds away from local industries. Israel is expecting to make about $10 billion in military purchases from Boeing over the next decade, so the agreement means $3.5 billion in new business in Israel.
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