Defense Minister Moshe Ya’alon and his U.S. counterpart, Defense Secretary Chuck Hagel, have agreed to a deal under which Israel will purchase a second squadron of Lockheed Martin F-35 aircraft.

The deal is subject to approval by the Israeli Ministerial Committee for Security Affairs and by the government.

Israel has already purchased 19 of the aircraft, at a cost of $2.75 billion. The first two of those F-35s are due to arrive in Israel by the end of 2016 and the rest should be delivered by 2018. […]