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Israel Approves $119B Fighter Jet Deal with US

May 3, 2026

2 min read

Key Takeaways

Israel to buy two new combat squadrons of F-35 and F-15IA jets.
Deal worth tens of billions of dollars with Lockheed Martin and Boeing.
Purchase aims to strengthen Israeli security and air superiority.
Programme part of $350 billion plan to boost armed forces.

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Strategic Implications

This deal may signal a significant strengthening of Israel's air power capabilities, which could enhance its military dominance in the region. The investment in advanced fighter jets suggests a long-term commitment to maintaining air superiority, which may have implications for regional security dynamics and the balance of power.

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What Happened

Tel Aviv Boosts Air Superiority with F-35 and F-15IA Squadrons

Israel has given final approval for a multibillion-dollar deal to purchase two new combat squadrons of advanced F-35 and F-15IA fighter jets from US manufacturers Lockheed Martin and Boeing. The deal is part of a $350 billion programme to boost the country’s armed forces and strengthen readiness ahead of a demanding decade for Israeli security. According to the Ministry of Defence, the purchase aims to reinforce Israel’s air superiority, which has been demonstrated in recent conflicts. This development was reported by Al Jazeera.

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