The 10-year $38 billion agreement is the largest US military aid package in recorded history.
The IAF stated "The new aircraft serve as a technical and maintenance opportunity. Their arrival will allow us to use them as spare parts, improving the operational availability of the Buzz fighter jets," according to Jerusalem Online.
The US will supply Israel with the record $38 billion military aid package over the next decade. The agreement takes effect October 2018.
At a Washington signing ceremony Israeli security official Jacob Nagel said that the aid package "strikes the right balance between the needs and capabilities of both countries" and "enables Israel to better defend itself, by itself" against threats.