Home / Latest News / Report: Israel’s Defense Contractors Have Pulled In $1.03B in F-35 Contracts Since 2010

Report: Israel’s Defense Contractors Have Pulled In $1.03B in F-35 Contracts Since 2010

Israel’s defense ministry has said defense contractors have earned $1.033 billion in deals related to the Lockheed Martin-built F-35 aircraft since 2010, the Times of Israel reported Sunday.

Judah Ari Gross writes Lockheed and Israel-based defense firms inked approximately $258 million in fighter jet-linked contracts in 2016, up 33 percent from previous years.

The country’s defense ministry said it expects Elbit Systems and Rockwell Collins to get $206 million worth of contracts to produce an F-35 helmet designed to provide pilots a 360-degree view of the aircraft’s surroundings.

Israel Aerospace Industries would get approximately $26 million in contracts to manufacture the fighter plane’s wings, while Elbit would receive $16.6 million in funds for its Israel-based factory that manufactures the jet’s body.

The agency also noted that approximately $9.4 million in contracts will go to companies that produce simulators, radios and other components of F-35s, according to the report.

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