Lockheed Martin's commercial procurement from Israeli companies relating to the F-35 stealth fighter program has expanded by $200 million in 2019, constituting a 44% rise since the middle of last year, and is expected to touch $2 billion by end of the year, up from $1.75B till last year.
“With the help of professional staff in the Ministry of Defense (MoD), the extent of the existing contracts with Lockheed Martin is set to expand, and new contracts related to the F-35 aircraft plan are slated for signing,” Globes reported Sunday, citing periodic data compiled by the MoD Directorate of Production and Procurement.
"We hope to exceed the $2 billion mark in the coming year in this matter," Directorate of Production and Procurement director Avi Dadon said.
Some of the biggest contracts bagged by Israeli firms since 2010 include $1.2 billion deal for helmets used by F-35 pilots made by a company jointly owned by US company Collins Aerospace and Elbit Systems, and a $344 contract with Israel Aerospace Industries (IAI) for the production of wings for the airplane. IAI will supply more than 800 pairs of wings for the stealth fighter. 50 pairs of wings have been manufactured to date.
Other Israeli industries are also involved in the F-35 plan, including Elbit Systems subsidiary Cyclone, Tadiran Communications, SimiGon, Cabiran Investment Casting Solutions, and Gilboa.