Israel Inks $5.2B Boeing Deal for 25 F-15IA Jets, Bolstering Air Force Amid Regional Tensions

Israel has signed a significant $5.2 billion agreement with Boeing for the acquisition of 25 F-15IA fighter jets. This move is aimed at strengthening Israel's air force capabilities amidst ongoing regional tensions. The newly purchased jets are scheduled for delivery starting in 2031, marking a strategic enhancement in Israel's defense arsenal.

In another development, Boeing has announced steps to rectify the financial impact on its workforce caused by previous furloughs. Boeing CEO Kelly Ortberg confirmed that the company is set to repay employees who lost wages due to furloughs during a Machinists strike. This decision is part of Boeing's broader strategy to manage workforce reductions while maintaining its financial commitments to its staff. Despite these repayments, Boeing will still proceed with job cuts as part of its efforts to streamline operations. These measures underscore Boeing's approach to balancing financial discipline with workforce management in the current economic climate.