Israel, Italy ink deal for military aircraft
July 20th, 2012 - 3:13 am ICT by IANSJerusalem, July 20 (IANS) Israel and Italy Thursday signed a $750 million agreement to provide the Italian Air Force with two early warning aircraft.
The contract includes ground control stations and a “comprehensive logistical support package”, Xinhua quoted the government-run Israel Aerospace Industries (IAI) as saying.
Under an additional $182 million contract, the IAI will develop, manufacture and supply an observation satellite to Telespazio, a Rome-based provider of space systems services.
“Italy is an important European country and we are proud of strengthening our relationship with it,” said Joseph Weiss, president and CEO of IAI.
The IAI is Israel’s largest military contractor and famous for its unmanned air vehicles and high-precision weaponry.
- Israel to test next-generation missile defense system - Mar 02, 2012
- Israel to test missile defence system - Mar 02, 2012
- Russia to launch 100 military satellites - Feb 23, 2012
- Antony opens Asia's biggest air show in Bangalore - Feb 09, 2011
- Israel bars AESA radar export to India - Jan 14, 2011
- Aero India 2011: Global defence majors eyeing big deals from Indian armed forces - Feb 08, 2011
- Italy wine exports beat home consumption for first time - Apr 08, 2011
- Aerobatic display by fighter jets, copters to be major attraction of Aero India 2011 - Feb 08, 2011
- Sport fundamental for Italy's future, says CONI president - Jul 11, 2012
- We are in the G8 of sport: Italian Olympic panel chief - Aug 14, 2012
- Didn't arm protesters, Berlusconi tells Gaddafi - Feb 24, 2011
- India and Israel in anti-terror front (Lead) - Dec 22, 2009
- India, Israel discuss cooperation against terror - Dec 22, 2009
- Israel, India discuss delivery schedule of weapons - Dec 09, 2009
- Israel's flagship drone crashes during test flight - Jan 30, 2012
Tags: aerospace industries, ceo, early warning, ground control, ground control stations, iai, ink deal, israel, italian air force, jerusalem, joseph weiss, logistical support, military aircraft, military contractor, observation satellite, rome, space systems, unmanned air vehicles, weaponry, xinhua