Barak Moves Forward With Purchase of Up to 20 F35I Fighter Jets From U.S.

Israeli Defense Minister Ehud Barak approved “in principle” moving forward with the purchase of F35I fighter jets from the U.S., according to an e-mailed statement from the Defense Ministry today.

Final approval for the deal, which would include the purchase of as many as 20 planes for a total of $2.75 billion, will be made by Prime Minister Benjamin Netanyahu’s security cabinet, a second statement from the ministry said.

Under terms of the deal, the aircraft would be delivered over a two-year period starting in 2015, according to the statement.

To contact the reporter on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.net.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.