Saturday, September 18, 2010

Israeli cabinet approves $2.75b JSF deal

The Israeli cabinet has formally approved the purchase of 20 Lockheed Martin F-35 Joint Strike Fighters for the nation’s air force. The value of the deal will be around $2.75 billion.The decision was made after a series of talks between US and Israeli officials. These focused on issues including the extent to which Israel will be allowed to instal its own electronic warfare equipment, and the level of industrial involvement that its defence industry will be granted in return for the order.

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