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Israel to Buy 25 Lockheed Martin F-35 Jets in $3 Billion Deal

Lockheed Martin Corp.'s F-35 fighter jet.
Lockheed Martin Corp.'s F-35 fighter jet.

Source:  Lockheed Martin Corp.

Israel plans to buy a third squadron of F-35 fighter jets from the US government in a deal valued at about $3 billion.  

The purchase of the aircraft, manufactured by Lockheed Martin Corp., will be financed by US military aid, Israel’s defense ministry said.