(Flightglobal) James Drew - The U.S. State Department on Tuesday approved the sale to Israel of a variety of munitions including the joint direct attack munition, laser-guided paveway, small diameter bomb, hellfire missile and advanced medium-range air-to-air missile in a deal worth $1.879 billion. The sale would be a windfall for U.S. arms suppliers, principally Boeing, Lockheed Martin, General Dynamics, Ellwood Group and Raytheon. The U.S. Defense Security Cooperation Agency notified Congress of the possible sale, stating: "The United States is committed to the security of Israel, and it is vital to U.S. national interests to assist Israel to develop and maintain a strong and ready self-defense capability."
2015-05-20 00:00:00Full ArticleBACK Visit the Daily Alert Archive