Boeing secures $8.6B contract to build fighter jets for Israel's Air Force
BoeingBoeing(US:BA) Fox Business·2025-12-31 03:41

Group 1: Contract Details - Boeing has been awarded a contract worth nearly $8.6 billion to produce 25 new F-15IA aircraft for the Israeli Air Force, with an option for an additional 25 aircraft [1][4] - The contract includes design, integration, instrumentation, testing, production, and delivery of the aircraft, processed through the U.S. Foreign Military Sales program [4] - Approximately $840 million in funds were obligated immediately upon the award of the contract [4] Group 2: Production and Timeline - The production work will take place at Boeing's St. Louis location [5] - The expected completion date for the contract is December 31, 2035 [5] Group 3: Geopolitical Context - This contract follows a meeting between U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, discussing regional security threats and a ceasefire deal in Gaza [7] - The U.S. is the primary arms supplier to Israel, providing the majority of its imported military equipment and financial assistance [10]