# The deal is a first step in a 350 billion shekel ($119 billion) plan to bolster Israel's military.

*aerospace · news · 2026-05-03 · CNBC*

## Key points

- Israel approved purchase of two new squadrons: F-35 from Lockheed Martin and F-15IA from Boeing.
- This acquisition is the first step in a 350 billion shekel ($119 billion) decade-long military plan.
- The deal includes a fourth F-35 squadron and a second F-15IA squadron, enhancing air superiority.
- Israel plans significant advances in autonomous flight and defense systems with these new aircraft.
- Final agreements for these purchases will be negotiated with the U.S. government and military soon.

**Companies:** Lockheed Martin, Boeing
**Countries:** Israel, United States

[Read the full story on CNBC](https://www.cnbc.com/2026/05/03/israel-approves-plan-to-buy-fighter-jets-from-lockheed-boeing.html)

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