(Globes) Yuval Azulai - The Israel Ministry of Defense on Sunday reported that Israeli companies had signed reciprocal procurement deals totaling $440 million with manufacturers of the F-35 Stealth Fighter. Israeli company Elbit Systems and U.S. company Rockwell Collins, in a joint company that manufactures an advanced helmet used by F-35 pilots, expanded its contract with Lockheed Martin to $1.12 billion. Other defense industries throughout Israel are involved in producing subsystems for the F-35. Israel has purchased 50 F-35 planes and 14 have been delivered so far, with six more slated for 2019.
2018-12-31 00:00:00Full ArticleBACK Visit the Daily Alert Archive