Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Israel Aerospace Industries, Lockheed Martin, Team Up to Make Fighter Jets

Israel Aerospace Industries

Israel Aerospace Industries and American defense company Lockheed Martin, teamed up to create a production line that was opened at a ceremony in Israel, attended by Defense Minister Moshe Yaalon, Daniel Shapiro, the U.S. Ambassador to Israel, and many others. The factory will produce 4 sets of wings per month which will then be attached to F-35 fuselage in the United States. Potential sales are estimated at $2.5 billion.

Israel Aerospace Industries Chairman Rafi Maor said, “Our partnership for Lockheed Martin in producing sub-assemblies for the most advanced fighter aircraft in the world is strategic for IAI … we are excited to work with the American government and our industry partners to help deliver next generation capabilities.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News