The ministries of defense Israel and Italy have signed today two agreements formalizing several defense acquisition packages worth over two billion US$. The Government-to-Govenrment (G2G) agreements include the selling 30 Alenia Aermacchi M346 advanced jet trainers to Israel, as part of a €1.1 billion arms transfer.
As part of the buyback agreement, the Italian MOD acquired two G550 Airborne Early Warning aircraft from IAI.
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