US Defense Giants Expect $50Bln Aircraft Sales to Israel, Arab States

A new financial report projects that the largest US defense contractors are looking forward to a new bonanza of expensive aircraft sales to Gulf states and Israel, including an extra squadron of F-15 jets, the Defense News reported on Friday. "The… finalization of a ten-year military funding plan for Israel [is] expected to be in the $40 billion to $50 billion range," the newspaper stated, citing a financial report from Guggenheim Securities.

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