Post by Salem6 on Feb 19, 2004 11:50:48 GMT
Israel will take delivery of 100 F-16Is by 2009. Lockheed-Martin has already made reciprocal procurements worth $1.1 billion.
Felix Frisch 18 Feb 04 15:30
The first two F-16I jets will land in Israel tomorrow at the Ramon Israel Air Force (IAF) base in the Negev. The two planes left the Lockheed-Martin (LMT) plant in Forth Worth, Texas, last night, and made an stopover in Europe. They will continue their flight to Israel tomorrow morning.
Israel will receive 100 more F-16Is over the next five years. The IAF will establish four squadrons of F-16Is, which the IAF has names "Sufa (Storm). When deliveries are completed, the F-16 will constitute the majority of IAF combat jets, forming the IAF backbone, along with the F-15.
The F-16I procurement was the largest defense deal in Israel's history, at an estimated $4.5 billion. When the deal was signed, the plane's chief contractor, Lockheed-Martin, committed to make $1.45 billion in reciprocal procurements, and already made $1.1 billion by the end of 2003.
$600 million of the reciprocal procurements were channeled to Israeli subcontractors of the F-16I.
Israeli companies participating in the F-16I program are as follows:
Israel Aircraft Industries (IAI) makes wings, tail sections, inline fuel tanks, satellite communications systems, and tactical data communications systems.
Elbit Systems (Nasdaq: ESLT; TASE:ESLT) makes the head-up display (HUD), helmet display, mission computer, presentation computer and digital map, elevators, ailerons, fuselage stabilizers, and doors.
Rafael makes the avionics suit, ground following algorithm software, and communications equipment.
Elisra Electronic Systems makes the defense suit against radar locking, radar-guided and heat-seeking missiles.
BAE Systems Rokar International makes external heat dissipaters and flares.
Rada Electronic Industries (Nasdaq: RADIF) makes ground debriefing systems.
Published by Globes [online] - www.globes.co.il - on February 18, 2004
www.globes.co.il/serveen/globes/docview.asp?did=772502&fid=942
Felix Frisch 18 Feb 04 15:30
The first two F-16I jets will land in Israel tomorrow at the Ramon Israel Air Force (IAF) base in the Negev. The two planes left the Lockheed-Martin (LMT) plant in Forth Worth, Texas, last night, and made an stopover in Europe. They will continue their flight to Israel tomorrow morning.
Israel will receive 100 more F-16Is over the next five years. The IAF will establish four squadrons of F-16Is, which the IAF has names "Sufa (Storm). When deliveries are completed, the F-16 will constitute the majority of IAF combat jets, forming the IAF backbone, along with the F-15.
The F-16I procurement was the largest defense deal in Israel's history, at an estimated $4.5 billion. When the deal was signed, the plane's chief contractor, Lockheed-Martin, committed to make $1.45 billion in reciprocal procurements, and already made $1.1 billion by the end of 2003.
$600 million of the reciprocal procurements were channeled to Israeli subcontractors of the F-16I.
Israeli companies participating in the F-16I program are as follows:
Israel Aircraft Industries (IAI) makes wings, tail sections, inline fuel tanks, satellite communications systems, and tactical data communications systems.
Elbit Systems (Nasdaq: ESLT; TASE:ESLT) makes the head-up display (HUD), helmet display, mission computer, presentation computer and digital map, elevators, ailerons, fuselage stabilizers, and doors.
Rafael makes the avionics suit, ground following algorithm software, and communications equipment.
Elisra Electronic Systems makes the defense suit against radar locking, radar-guided and heat-seeking missiles.
BAE Systems Rokar International makes external heat dissipaters and flares.
Rada Electronic Industries (Nasdaq: RADIF) makes ground debriefing systems.
Published by Globes [online] - www.globes.co.il - on February 18, 2004
www.globes.co.il/serveen/globes/docview.asp?did=772502&fid=942