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

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
World

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

Inflation was slightly lower than expected in April as President Donald Trump’s tariffs just began hitting the slowing U.S. economy, according to a Labor Department report Tuesday. The consumer price index, which measures the costs for a broad range of goods and services, rose a seasonally adjusted 0.2% for the month, putting the 12-month inflation […]

Read More
Shein and Temu find temporary reprieve as U.S. relaxes tariffs
World

Shein and Temu find temporary reprieve as U.S. relaxes tariffs

U.S. President Donald Trump’s tariff pause gives Temu and Shein a temporary window of opportunity to restock U.S.-based warehouses and re-evaluate their supply chain management, experts and insiders say. On Monday, the U.S. and China agreed to lower tariffs on most Chinese imports to 30% for 90 days. The agreement included a so-called “de minimis” […]

Read More
OpenAI restructure plan gets SoftBank blessing as AI startup reportedly renegotiates Microsoft terms
World

OpenAI restructure plan gets SoftBank blessing as AI startup reportedly renegotiates Microsoft terms

OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI said last week that it would restructure in a format that allows its non-profit entity […]

Read More