ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the March 2004 issue


First two F-16I aircraft Land in Israel

The first two F-16I jets landed in Israel at the Ramon Israel Air Force base in the Negev. The two planes flew from the Lockheed-Martin plant in Forth Worth, Texas, and after a stopover in Europe they will continued their flight to Israel. Israel will receive 100 more F-16Is over the next five years. The IAF will establish four squadrons of F-16Is, which the IAF has names "Sufa (Storm). When deliveries are completed, the F-16 will constitute the majority of IAF combat jets, forming the IAF backbone, along with the F-15.

The F-16I procurement was the largest defense deal in Israel's history, at an estimated $4.5 billion. When the deal was signed, the plane's chief contractor, Lockheed-Martin, committed to make $1.45 billion in reciprocal procurements, and already made $1.1 billion by the end of 2003.

$600 million of the reciprocal procurements were channeled to Israeli subcontractors of the F-16I which the IAF has names "Sufa (Storm). When deliveries are completed, the F-16I will constitute the majority of IAF combat jets, forming the IAF backbone, along with the F-15.

The F-16I procurement was the largest defense deal in Israel's history, at an estimated $4.5 billion. When the deal was signed, the plane's chief contractor, Lockheed-Martin, committed to make $1.45 billion in reciprocal procurements, and already made $1.1 billion by the end of 2003.

$600 million of the reciprocal procurements were channeled to Israeli subcontractors of the F-16I.



Reprinted from the Israel High-Tech & Investment Report March 2004

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