Israel approves $119 billion military plan, buys F-35 F-15IA jets

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Published: 1 hour ago

Israel approved a $119 billion military expansion plan, starting with fighter jet purchases from Lockheed Martin and Boeing. This represents a significant defense spending commitment amid regional tensions. USD could strengthen modestly on increased defense exports to Israel. The spending boost may also support broader US industrial sectors, though the impact on major currency pairs is likely limited given the long-term nature of defense contracts.

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