We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Wed 1 Oct 2008 12:16 AM

Font Size

- Aa +

Israel to buy $15.2bn in Lockheed F-35 fighters

Deal is for the sale of 25 aircraft with an option for 50 more, in F-35's first foreign sale.

Israel to buy $15.2bn in Lockheed F-35 fighters
CUTTING EDGE: File photo of F-35 Joint Strike Fighter taken in May this year. (Getty Images)

The US government on Tuesday said it approved the sale to Israel of 25 F-35 Joint Strike Fighter aircraft built by Lockheed Martin Corp and an option for 50 more in coming years - a deal valued at up to $15.2 billion.

The Pentagon's Defense Security Cooperation Agency (DSCA), which oversees major arms sales, said the deal is vital to US national security interests to assist Israel as it develops and maintains "a strong and ready self-defense capability."

Israel needs the aircraft to enhance its air-to-air and air-to-ground defense, the agency said.

The DSCA notified Congress about the proposed arms sale before lawmakers head back to their districts for the November election. Lawmakers now have 30 days to block the sales, but such action is rare, since the agreements are usually carefully vetted beforehand.

The Pentagon agency said Israel wants to buy an initial 25 F-35s in the Conventional Take-Off and Landing (CTOL) configuration, with an option to buy an additional 50 F-35 CTOL or Short Take-Off and Vertical Landing (STOVL) aircraft.

All aircraft would be equipped with either the F-135 engines built by Pratt and Whitney, a unit of United Technologies Corp, or the F-136 engine being developed by General Electric Co and Britain's Rolls-Royce Plc.

Lockheed Martin said it welcomes the decision. "As the first potential foreign military sale of the F-35, this would be an important first step in expanding interest in the Joint Strike Fighter beyond the US government and eight international F-35 partner nations," said Lockheed spokesman Tom Jurkowsky.

Earlier this month, the Pentagon approved up to $330 million in three separate arms deals for Israel.

Top Israeli and US government officials met in Washington this month for the most senior bilateral high technology dialogue ever between the two allies. Discussions focused in part on ensuring that sensitive technologies were not passed to third parties.

Separately on Tuesday, the Pentagon approved Brazil's request to buy up to $525 million worth of 15 United Technologies Black Hawk helicopters and 30 General Electric engines. (Reuters)

Arabian Business: why we're going behind a paywall

Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.