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Israel moves to buy F-35 jets, KC-46 refueling planes, munitions -official

Credit: REUTERS/AMIR COHEN

An Israeli ministerial committee approved the purchase of new jets, aircraft and munitions from U.S. companies, an Israeli official said on Tuesday, in a deal that would be worth billions of dollars.

By Dan Williams

JERUSALEM/WASHINGTON, Feb 16 (Reuters) - An Israeli ministerial committee approved the purchase of new jets, aircraft and munitions from U.S. companies, an Israeli official said on Tuesday, in a deal that would be worth billions of dollars.

"A ministerial procurement committee has approved the purchase of a new F-35 squadron, four new refueling planes, and a large quantity of munitions," the official said on condition of anonymity to discuss matters still under negotiation.

It would be the first Foreign Military Sale to Israel announced under the new administration of President Joe Biden. Since sales take months to process, the genesis of the deals likely dates back to the Trump Administration.

Israel has been considering the purchase of KC-46 refueling planes made by Boeing Co BA.N for some time and has also been eyeing an additional squadron of 24 or 25 F-35s, which are made by Lockheed Martin LMT.N.

The Biden Administration temporarily paused some pending arms sales to U.S. allies like Saudi Arabia and the United Arab Emirates in order to review them.

Although the Israelis have approved the purchase, the U.S. Congress requires notification of major weapons sales like the F-35 before a contract can be signed. Notification of a potential sale of up to eight KC-46 refueling aircraft to Israel for as much as $2.4 billion was sent to Congress in 2020.

(Reporting by Dan Williams in Jerusalem and Mike Stone in Washington, D.C.; Editing by Dan Grebler)

((mike.stone1@thomsonreuters.com; https://twitter.com/MichaelStone; +1 646 223 6228))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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