Israel's defense ministry has approved a significant agreement to purchase two new combat squadrons of F-35 Lightning II and F-15IA aircraft from Lockheed Martin and Boeing, with the total deal valued at tens of billions of dollars. This procurement is part of a broader 350 billion shekel (approximately $119 billion) plan aimed at enhancing military capabilities in anticipation of a challenging security environment over the next decade. Deliveries of the new aircraft are expected to commence in 2026 and extend into the early to mid-2030s. The agreement includes the acquisition of a fourth squadron of F-35s and a second squadron of F-15IAs, which are intended to play a crucial role in countering regional threats and maintaining Israel's strategic air superiority. Defense Minister Israel Katz emphasized the decisive role of the air force in national security, particularly in light of recent conflicts involving Iran. The long-term vision includes a fleet of approximately 100 F-35s, over 100 upgraded F-16s, and at least 50 F-15IA fighters. Currently, Israel operates around 50 F-35s, with the latest deliveries having occurred in January 2023, while the F-15IA deal includes an initial purchase of 25 jets with an option for 25 more.