Israeli defense minister Ehud Barak approved an order for 20 F-35 Joint Strike Fighters in a deal valued at around $2.75 billion, according to Haaretz. The Israeli Air Force expects to take delivery of the first aircraft in 2015. The article quotes Barak saying the F-35 costs $96 million a copy. The entire deal will be funded by American military aid.
So, the IAF gets a squadron of F-35s, Israeli industry gets more orders for JSF components, and its all paid for by American taxpayers; certainly a win-win for the Israelis.
TVNL Comment: How many logal or national initiatives could use this money? How is that for a good use of your money?
This week, the mining sector made headlines after officials confirmed Iran’s lithium and antimony discoveries across...
"Why are our children's lives seen as so cheap?" demanded Umm Raed al-Nuaizi, a widow whose...
A U.S. official who was not authorized to speak publicly has confirmed early intelligence assessments by...
