Israel's payment to the US administration?
pms
laflame at mindspring.com
Thu Nov 1 04:37:19 PST 2001
Sounds like quite a party. Like to know where these admission fees are
listen on the US books.
http://directory.kol-israel.com/asites/?
Expensive economy measure
Dror Marom
01.11.2001 15:55
Israel's decision not to actively participate in the JSF (F-35) future US
fighter plane project seriously affected the chances of Israeli defense
industries to supply products for these planes, which will be built by
Lockheed-Martin.
Israel's Ministry of Defense, Air Force, and defense industries decided in
mid-1999 to be classed as an "observer" in the project, not as an "active
partner". The reason was money - the fee for expanded participation in the
project was $10 million, while participation as an observer cost only $2
million. Israel's payment to the US administration was shared by the
Ministry of Defense, the Air Force, and the defense industries.
The lower category gave Israeli concerns the right to receive general
information about the project and participate in some of the discussions.
The active partners received the right to participate in all the project
discussions, obtain the technical information, and be involved in
development.
In contrast to the Israeli industries, aerospace industries in countries
classed as active partners, such as Britain and other European countries,
were able to propose that their systems be included in the plane.
International subcontractors will supply products worth billions of dollars
for the project.
With the exception of Elbit Systems (Nasdaq: ESLTF), which concluded a deal
for up to $200 million with Lockheed-Martin over a year ago to supply
advanced helmet systems for JSF pilots, no Israeli company is expected to
supply products for the next generation fighters. Companies like Israel
Aircraft Industries (IAI), Israel Military Industries (IMI), Rada Electronic
Industries (Nasdaq: RADIF), and Rafael (Israel Armament Development
Authority) currently supply products for combat planes manufactured by
Boeing and Lockheed-Martin.
The JSF will replace the F-16 and is likely to become the most widely sold
fighter of all time, as the F-16 has been. Before Lockheed-Martin won the
huge tender, Boeing, which also competed, did not include a single Israeli
company on the list of 25 international companies chosen to participate in
its plan to develop the plane. "Israel has probably missed the JSF boat,"
industry sources claimed.
As published yesterday, the chances that Rafael's Python-4 missile will be
included in US procurement plans have also been harmed, due to the 18-month
delay in getting Ministry of Defense approval for manufacture of the missile
by Pegasus, a company owned jointly by Rafael and Lockheed-Martin.
Published by Israel's Business Arena on November 1, 2001
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