Kesher Talk

Deals and $$: A lot of that $4 billion in military aid that Israel is seeking will be spent on American weaponry. Israel wants to purchase three Gulfstream 5 jets from General Dynamic to convert to signals intelligence aircraft to replace its decades-old aging fleet of Hawkeye surveillance aircraft. The deal is potentially worth hundreds of millions of dollars; the major loser is Boeing, whose 737 the Israeli air force judged to be less suitable as an "eye in the sky" platform. Under a deal between Washington and the Israeli Ministry of Defense, the United States will finance the purchase and the aircraft will be transferred to Israel for upgrading for SIGINT use. The electronic gear will be installed by Elta Electronics Industries, a subsidiary of Israel Aircraft Industries. (UPI Hears)

posted by Howard @ 12/03/2002 08:25:33 AM