Israel signs $323 million deal with Boeing for 12 Apache attack helicopters
Israel and the United States signed an agreement for the Israeli Defense Forces to acquire 12 advanced AH‑64E Apache Guardian helicopters. The deal, valued at about $323 million (1 billion shekels), was approved after a telephone vote that redirected funds and delayed other defense payments. Delivery is scheduled for the early part of the next decade. Defense Minister Israel Katz called the purchase a critical step in the IDF’s force buildup.
Why it matters
The contract provides Boeing with a multi‑year revenue stream and signals continued U.S. defense sales to Israel. Investors in Boeing should note the added order volume and the strategic partnership it reinforces.
Key facts
- 1The agreement covers the purchase of 12 advanced Apache attack helicopters. i24news.tv
- 2The deal is valued at about $323 million (1 billion shekels). ynetnews.com
- 3Delivery of the helicopters is scheduled for the early part of the next decade. i24news.tv
- 4Defense Minister Israel Katz described the acquisition as a critical step in the IDF’s force buildup. i24news.tv
- 5Director General Maj. Gen. (res.) Amir Baram signed the agreement on behalf of Israel’s Defense Ministry. ynetnews.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.