As Prime Minister Benjamin Netanyahu was in Washington this week absorbing the full wrath of the Obama administration, the Pentagon and Israel's defense establishment were in the process of sealing a large arms deal.
According to the deal, Israel will purchase three new Hercules C-130J airplanes. The deal for the three aircrafts, designed by Lockheed Martin, are worth roughly a quarter billion dollars. Each aircraft costs $70 million.
The aircrafts were manufactured specifically for Israeli needs, and include a large number of systems produced by Israel's defense industry.
The deal will be covered by American foreign assistance funds. The Pentagon will issue a formal announcement on the matter on Thursday evening.
America and Israel have still not reached an agreement regarding the purchase of another Lockheed war plane, the F-35. It is still not clear when that deal, which is estimated to be worth more than $3 billion, will finally be sealed and carried out.
If that deal is signed in the near future, Israel will likely receive its first F-35 in 2014.
http://www.haaretz.com/hasen/spages/1159155.html
Thursday, 25 March 2010
U.S. and Israel sign massive arms deal
Posted @ 21:00
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