Friday, July 27, 2012

Exclusive: U.S., Lockheed reach deal on Israeli F-35s

A F-35 fighter jet prepares for landing with its life fan cover deployed over Patuxent River Naval Air Station, Maryland in this undated handout image. REUTERS/Lockheed Martin/Handout
WASHINGTON | Thu Jul 26, 2012 3:57pm EDT
(Reuters) - The Pentagon has reached an agreement with Lockheed Martin Corp on a $450 million program to enhance electronic warfare equipment on the F-35 fighter jet, and integrate Israeli-unique systems beginning in 2016, according to sources familiar with the negotiations.
The deal, to be finalized in coming weeks, marks a big step forward for Israel's $2.75 billion agreement to buy 19 F-35 jets, which was signed in October 2010 and includes options for up to 75 of the radar-evading fighters.

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