Hello, Guest!
  • Friday, April 26, 2024

Lockheed Martin Strikes Deal with Israel for F-35 Jets

Lockheed Martin (NYSE: LMT) has a deal in place with Israel to make the F-35 Lightning II the Israel Air Force’s next-generation fighter aircraft.

According to the firm, “Israeli Ministry of Defense Director General (Maj. Gen. Ret.) Udi Shani signed the Letter of Offer and Acceptance for the procurement of the F-35 aircraft.”

Israel becomes the first nation to receive the F-35 by way of the United States’ new foreign military sales process.

“We’re very pleased with the Government of Israel’s decision to move forward with the U.S. government’s Letter of Offer and Acceptance for the F-35, ” said Tom Burbage, Lockheed Martin executive vice president and general manager of F-35 Program Integration. “This is another step in the longstanding relationship between Lockheed Martin and the nation of Israel. The Lightning II will strengthen Israel’s national security posture both militarily and industrially.”

Video of the Day

Related Articles

Mercury Systems EVP Mitch Stevison to Step Down in December Executive Moves

Mercury Systems EVP Mitch Stevison to Step Down in December

Mitch Stevison is stepping down as executive vice president and president of the mission systems division at Mercury Systems (Nasdaq: MRCY) on Dec. 1 after more than a year in the position. Bill Ballhaus, chairman and CEO of Mercury Systems, will head the division on an interim basis until a permanent successor is appointed, the

Nathan Pritchard Named Chief Engineer for Launch & Test Range Systems at Ensco Executive Moves

Nathan Pritchard Named Chief Engineer for Launch & Test Range Systems at Ensco

Nathan Pritchard, a 26-year systems and cybersecurity engineering veteran, has been appointed chief engineer for launch and test range systems on Ensco‘s systems engineering and integration program. He announced his new role in a recently published LinkedIn post and will oversee the company’s SE&I efforts supporting the U.S. Space Force’s Space Launch Delta 30 and

Industry Veteran Andy Windon Takes on VP Role at CAE’s Defense & Security Business Executive Moves

Industry Veteran Andy Windon Takes on VP Role at CAE’s Defense & Security Business

Andy Windon, a more than two-decade defense industry veteran, has joined aerospace technology manufacturer CAE as vice president of engineering and technology within its defense and security business, according to a LinkedIn post. Windon spent over a decade at Raytheon, now an RTX (NYSE: RTX) business, where he most recently served as principal engineering fellow