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?
The EU is exploring emergency interventions to its maritime trade restrictions, moving to temporarily freeze the...
Dmitry Medvedev, deputy chair of the Security Council of Russia and the country’s former president, cautioned...
Russian President Vladimir Putin’s recent diplomatic push into Central Asia yielded high-minded rhetoric but few substantive...
Trump’s Board of Peace for Gaza has raised no money into its official World Bank fund...
