Israel Aerospace Industries (IAI) scored a big contract with Lockheed Martin to supply 40 more wing sets for the F-35 Lightning II multi-role stealth fighter aircraft, Globes reported on Sunday.
IAI is gearing up to produce more than 800 pairs of F-35 wings, with a potential value of $2.5 billion, during the next 10-15 years.
Following execution of the initial contract in 2014, IAI inaugurated a specially designed F-35 wing production line, investing in the required advanced systems and technologies to meet the aircraft’s innovative design.
Lockheed Martin F-35 program manager Jeff Babione said, “Lockheed Martin recognizes IAI’s commitment to the F-35 program and understands the importance of the quality delivered by the IAI team. This order demonstrates our confidence in the continued performance and we look forward to continuing our healthy relationship long into the future.”
IAI president and CEO Joseph Weiss said, “The award reflects a strong vote of confidence in IAI’s abilities and commitment to this partnership, part of the development of the most advanced fighter aircraft ever produced.”