sure but not on CO all the way, it will be CO to LHR (Virgin is probably better Especially in Upper Class!) then either Lufthansa or Austrian or Swiss or Turkish or LOT from LHR to their Hub then to TLV.(or Brussels Air via BRU)
Otherwsie no there isnt any non-stop you can get from LHR to TLV. BA is OneWorld Alliance and BD (BMI) stopped flying that route