Posted on 04/25/2013 5:31:55 PM PDT by haffast
JERUSALEM (AP) Israel Aerospace Industries says it has signed a long-term contract with U.S. defense giant Lockheed Martin to produce wings for the F-35 next-generation fighter jet.
The state-owned company said Tuesday the contract is for 10 to 15 years and could generate up to $2.5 billion in sales. It says the wings will be made at an Israeli facility that already produces wings for Lockheed's F-16 warplane.
The F-35 is the Pentagon's most expensive weapons program, with an estimated cost of nearly $400 billion. The program aims to replace a wide range of existing aircraft for the U.S. and several partner countries.
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(Excerpt) Read more at news.yahoo.com ...
The military industrial complex just keeps on going.
And the cost of the F-35 is closer to 1 trillion and it doesn’t even work and apparently has trouble refeuling
Total failure.
But someone’s getting rich.
True enough. But the way things are going, you’re going to have half of them made by China and the other half made by Arabs.
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