New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
IAI reaches F-35 aircraft wing milestone
Israel Aerospace Industries (IAI) has delivered the 100th F-35 wing to Lockheed Martin at a ceremony held at the company’s wing assembly line on 26 September.
The wing manufacturing centre of IAI’s aviation division was established in November 2014, and is expected to manufacture above 800 F-35 wings by 2034. On December 2018, IAI inaugurated a line for production of F-35 wing skins, expanding the collaboration between the two companies.
Nimrod Sheffer, IAI president and CEO, said: ‘IAI’s collaboration with Lockheed Martin has a major business and strategic importance for us. We regard it as a vote of confidence on behalf of Lockheed Martin and the US administration in IAI’s capabilities as a global leader. We are excited to deliver the 100th wing and believe our collaboration will expand even more in the future.'
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