DTN News: US, Israel In Pact For Lockheed C-130J "Super Hercules" Tactical Transport Aircrafts - Source
* Part of an order potentially worth up to $1.9 billion
* Deal inked amid turbulence in U.S.-Israeli relations
* Israel plans to buy up to 9 C-130J tactical transports
Source: DTN News / Reuters By Jim Wolf
(NSI News Source Info) WASHINGTON, - March 27, 2010: The United States has signed a deal to supply Israel three new Lockheed Martin Corp (
LMT.N) C-130J "Super
Hercules" tactical transport aircraft, a person familiar with the matter said Friday.
The deal is part of an order worth up to $1.9 billion if all options are exercised for nine C-130Js. The aircraft may be used for special operations, disaster relief or humanitarian missions.
Under a government-to-government pact signed on Wednesday, Israel would get its first C-130J in 2013, said the source, who asked not to be identified pending a government announcement.
The deal was inked amid turbulence in U.S.-Israeli ties, highlighted by strains over Jewish housing construction in occupied East Jerusalem.
In a sign of the rift over Israeli settlement policy, the White House withheld some of the usual trappings of a White House visit on Tuesday by Prime Minister Benjamin Netanyahu.
Israel has a fleet of older C-130 transports. The J version boosts the previous models' range, payload and speed roughly 40 percent, according to Lockheed Martin, the Pentagon's No. 1 supplier by sales.
A standard C-130J costs about $75 million, not including any special configurations or support. The U.S. Air Force, the middleman in the sale, must now negotiate a contract with Lockheed to cover the aircraft configuration and support services.
Israel has asked to buy up to nine C-130Js, the Pentagon's Defense Security Cooperation Agency told the U.S. Congress in July 2008. It put the potential value of the deal at $1.9 billion.
The U.S State Department, Defense Department and Israeli Defense Forces had no immediate comment.
Lockheed Martin said it looked forward to modernizing Israel's airlift fleet.
In notifying Congress of the proposed sale in 2008, the Pentagon said it would provide Israel a "credible special operations airlift capability that will deter aggression in the region, provide humanitarian airlift capability, and ensure interoperability with U.S. forces in coalition operations."
Other nations that are operating or have ordered the C-130J include Australia, Canada, Denmark, India, Iraq, Italy, Norway, Oman, Qatar, Britain, Tunisia and the United States.
The U.S. Air Force uses it in the wars in Iraq and Afghanistan.
(Reporting by Jim Wolf; Editing by Gary Hill)
Source: DTN News / Reuters By Jim Wolf
(NSI News Source Info) WASHINGTON, - March 27, 2010: The United States has signed a deal to supply Israel three new Lockheed Martin Corp (LMT.N) C-130J "Super
Hercules" tactical transport aircraft, a person familiar with the matter said Friday.
The deal is part of an order worth up to $1.9 billion if all options are exercised for nine C-130Js. The aircraft may be used for special operations, disaster relief or humanitarian missions.
Under a government-to-government pact signed on Wednesday, Israel would get its first C-130J in 2013, said the source, who asked not to be identified pending a government announcement.
The deal was inked amid turbulence in U.S.-Israeli ties, highlighted by strains over Jewish housing construction in occupied East Jerusalem.
In a sign of the rift over Israeli settlement policy, the White House withheld some of the usual trappings of a White House visit on Tuesday by Prime Minister Benjamin Netanyahu.
Israel has a fleet of older C-130 transports. The J version boosts the previous models' range, payload and speed roughly 40 percent, according to Lockheed Martin, the Pentagon's No. 1 supplier by sales.
A standard C-130J costs about $75 million, not including any special configurations or support. The U.S. Air Force, the middleman in the sale, must now negotiate a contract with Lockheed to cover the aircraft configuration and support services.
Israel has asked to buy up to nine C-130Js, the Pentagon's Defense Security Cooperation Agency told the U.S. Congress in July 2008. It put the potential value of the deal at $1.9 billion.
The U.S State Department, Defense Department and Israeli Defense Forces had no immediate comment.
Lockheed Martin said it looked forward to modernizing Israel's airlift fleet.
In notifying Congress of the proposed sale in 2008, the Pentagon said it would provide Israel a "credible special operations airlift capability that will deter aggression in the region, provide humanitarian airlift capability, and ensure interoperability with U.S. forces in coalition operations."
Other nations that are operating or have ordered the C-130J include Australia, Canada, Denmark, India, Iraq, Italy, Norway, Oman, Qatar, Britain, Tunisia and the United States.
The U.S. Air Force uses it in the wars in Iraq and Afghanistan.
(Reporting by Jim Wolf; Editing by Gary Hill)
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