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Wednesday, April 24, 2013

IAI to Produce F-35 Wings

F-35 Lightning II |Israel Aerospace Industries (IAI) has signed a contract with the US manufacturer Lockheed Martin for the production of wings for the F-35 fighter aircraft. IAI will begin supplying the wings as of 2015.

The contract is for a duration of 10-15 years and has a sales potential of $2.5 billion.

The deal represents a central cornerstone in the cooperation between the Israeli and US companies with regards to the advanced aircraft, which the IDF will receive in approximately three years.

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