Israel to acquire 25 more F-35 stealth jets in $3 billion deal

Israel to acquire 25 more F-35 stealth jets in  billion deal


A F-35 stealth fighter jet.

Israeli Military | Handout | Anadolu Company | Getty Photographs

Israel has accepted the invest in of a third squadron of F-35 stealth fighter jets in a deal worth $3 billion, the Ministry of Defense said on Sunday.

The extra 25 plane produced by Lockheed Martin will carry the variety of F-35s in Israel’s air pressure to 75, the ministry stated, incorporating that the deal will be financed via the defense aid bundle Israel gets from the United States.

Israel was the to start with nation outdoors the United States to acquire the F-35. In May 2018 its air pressure main explained that Israel was the first to use the airplane in fight.

The F-35 is also identified as the Joint Strike Fighter and in Israel by its Hebrew identify “Adir” (Mighty).

Lockheed Martin and motor producer Pratt & Whitney have agreed to include Israeli defense businesses in the generation of aircraft parts, the Israeli ministry included.



Source

BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.
World

BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.

BlackRock is seeing a shift among Big Tech investors. Jay Jacobs, the firm’s U.S. head of equity ETFs, finds they’re going for targeted themes like artificial intelligence. “One of the biggest trades we’re seeing this year is simply people leaving the traditional tech sector and getting more granular into AI-specific ETFs, like BAI [the iShares […]

Read More
Warren Buffett Watch: Berkshire’s Japanese stock positions top  billion
World

Warren Buffett Watch: Berkshire’s Japanese stock positions top $30 billion

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s Japanese stock positions top $30 billion The total value of the five Japanese “trading houses” in Berkshire Hathaway’s equity portfolio has topped $30 billion […]

Read More
These stocks reporting next week have a history of posting earnings beats and rallying
World

These stocks reporting next week have a history of posting earnings beats and rallying

Investors aiming to predict which stocks will pop during earnings season may want to keep an eye on companies that have strong track records of exceeding Wall Street’s expectations. Earnings season for the third quarter starts ramping up next week. Some of the companies slated to share their top- and bottom-line results next week include […]

Read More