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Monday, August 16, 2010

Defense Minister Barak approves purchase of 20 F-35 fighters for around $2.75 billion

F-35 Lightning IIDefense Minister Ehud Barak gave the go-ahead yesterday for the purchase of 20 F-35 fighter jets in a deal valued at around $2.75 billion. The first planes are expected to arrive in 2015.

The Israel Air Force, however, will have to make do with considerably fewer planes than the 75 originally sought.

The entire deal will be funded by American military aid and still needs the cabinet's approval.

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