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Israel Poised to make $11 Billion Aircraft Deal with Boeing

Israel negotiates with Boeing to get $11 billion worth air platform package. The deal includes the purchase of new F-15 fighter jets for its air force as part of the largest defence deal in Israel's history according to Israeli Hayom daily.

The deal with Boeing is likely to include three main components: A fleet of fighter jets, a fleet of transport helicopters and aerial refueling tankers. Israeli Air Force's existing transport helicopters and refueling planes require immediate replacement. Israel will use American defence aid to pay for the fleets. The deal is expected to be spread out over the course of approximately 10 years, starting from the moment the deal is signed and until the last of the aircraft is delivered to Israel. 

The jet, developed from the original F-15,  will be completely new and be known as the IA F-15.

Officially, the deal is currently waiting on the IAF's recommendation. The deal will then be brought to the cabinet for final approval.

The decision is expected to be made by the end of 2018. 

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