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Israel Greenlights Multi-Billion Dollar F-15, F-35 Deal

March 26, 2023

1 min read

Key Takeaways

Israel approves multi-billion dollar F-15, F-35 deal.
Includes a fourth F-35 squadron and a second F-15IA squadron.
Part of 350 billion-shekel military buildup plan.
Deal estimated at tens of billions of shekels.

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Strategic Implications

This acquisition may signal Israel's intent to bolster its air defense capabilities in response to rising tensions with Iran. The inclusion of F-35 and F-15IA squadrons suggests a focus on advanced technology and interoperability, which could enhance Israel's military superiority in the region.

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What Happened

Major Defense Acquisition Amid Rising Tensions With Iran

Israel has approved a major defense deal worth tens of billions of shekels, including the acquisition of a fourth F-35 squadron and a second F-15IA squadron. The deal is part of the country’s 350 billion-shekel military buildup plan, dubbed ‘Magen Israel’ or ‘Shield of Israel’. The approval comes amid rising tensions with Iran and the possibility of renewed fighting. According to ynetnews, the deal marks the first step in the force-building plan for the coming decade.

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