Inspections in Israel  Home Inspections in Israel  What is... Inspections in Israel  Why do... Inspections in Israel  When do I... Inspections in Israel  Where do I... Inspections in Israel  About / Contact Inspections in Israel  Search / Info Inspections in Israel 
Username Password Remember Me

Quality Assurance Services - Product and production quality inspections and audits in Israel

News Articles Real-Estate MIL

Israeli F-35 buyback surpasses $1 billion

Barbara Opall-Rome. . . .12/2/2017

TEL AVIV — Israel’s Defense Ministry announced Sunday that completed industrial cooperation or buy-back contracts with Lockheed Martin on the F-35 program surpassed the $1 billion benchmark since Israel signed its first contract in 2010 for an initial 19 fighters.

According to Avi Dadon, the MoD’s deputy director of purchasing, Israeli firms entered into $258 million worth of new contracts during 2016, a 33 percent surge from the previous year.

“The scope of industrial cooperation between [Lockheed Martin] and Israeli industries, just in the past year, illustrates the big, raw potential of this deal to the Israeli economy,” Dadon said.

Key Israeli suppliers to Lockheed Martin for the year that just closed include Elbit Systems, which together with Rockwell Collins expanded their production contract for sensor-fuzed helmets by $206 million; and Israel Aerospace Industries, which received a $26 million follow-on contract for wing sets.

Two other Elbit subsidiaries — Cyclone and Tadiran — also scored orders exceeding $20 million last year for structural components and radio amplifiers respectively.

Dadon noted that several Lockheed Martin contracts were extended to small firms in northern Israel to support industries near the “line of confrontation” along the border with Lebanon.

He said the MoD aimed to work in the coming year “to further deepen” industrial cooperation associated with Israel’s F-35 program.

Israel is now negotiating its third contract for another 17 F-35A fighters, which will bring the Israeli Air Force’s inventory to 50.

In an interview late last year, Jack Crisler, Lockheed Martin’s vice president for F-35 business development, said Israeli technology was benefiting not only those planes destined for the Israeli Air Force, but in many cases, all partner and customer nations of the fifth-generation fighter.

Article courtesy of:



Construction Review in Israel<< Home >>Construction Review in Israel<< QC Vs QA >>Construction Review in Israel<< What is Production Quality Assurance?  >>Construction Review in Israel<< Existing Structure Services >>Construction Review in Israel<< New Construction Services >>Construction Review in Israel<< 6 Sigma >>Construction Review in Israel<< Conduct a PFMEA >>Construction Review in Israel<< AS9102 >>Construction Review in Israel<< Seminars >>Construction Review in Israel<< News & Articles >>Construction Review in Israel<< NEWSLETTER >>Construction Review in Israel<< Login to QCS InSight >>Construction Review in Israel 

Send mail to our with questions or comments about this web site.
Copyright January.1.2007, Last modified: April 28, 2015
Today's date: Thursday, February 22, 2018   Inspection Products Site Map
Cookie Usage