RSS | Advertise With Us | Blogs | Judaica Gifts |  5 Kislev 5770, Sunday, November 22, 2009 22:38 IST |
WebJPost.com 
Subscribe! Judaica Gifts
RSS Feeds E-mail Edition
HomeHeadlinesIranian ThreatJewish WorldOpinionBusinessReal EstateLocal IsraelBlogsArts & Culture Français Classifieds
IsraelMiddle EastInternationalHealth & Sci-TechFeaturesTravelCafe OlehMagazineSportsIsrael GuideSubscribe
Specials
Eldan Rent a Car
Israel's leading car rental company offers a 20% discount on online reservations
Israeli Basketball
Watch Live Israeli Premier Basketball Games
Jerusalem Post Lite
Light Edition of the Jerusalem Post for English improvement
Desert lodging & activity
Tents, camping & cabins, various activities and meals in the Negev
The Best Jewish Charity
Learn how Efrat saved 30,000 lives of Jewish children
Tamir Rent a car
Car rental in Israel, special prices
ג'רוזלם פוסט לייט
עיתון חדשות באנגלית קלה התורם לשיפור השפה האנגלית
Tour guides in Israel
Choose you’re your tour guide in Israel
Israel guide
Your guide to Israel
Green Israel
Protecting Israel's environment
ג'רוזלם פוסט לייט
עיתון חדשות באנגלית קלה התורם לשיפור השפה האנגלית


Middle East & Israel Breaking News » Israel » Article

IDF may buy fewer F-35 jets due to economic crisis


PrintSubscribe
Toolbar
+ Recommend:
facebook twitter del.icio.us reddit fark
What's this?
Decrease text size Decrease text size
Increase text size Increase text size

The IDF will need to reevaluate its procurement of the Joint Strike Fighter (JSF) in light of the global economic crisis, as cracks appearing in the coalition producing the plane could push up the price of the jet.

The next-generation F-35...

The next-generation F-35 fighter-bomber.
Photo: Courtesy

SLIDESHOW: Israel & Region  |  World

According to the officials, the IDF will likely hold off signing an official contract with the US Air Force to buy the jet, also known as the F-35, until the economic situation becomes clearer.

Last month, the Pentagon announced plans to sell Israel 75 JSF jets in a deal that could reach over $15 billion. Israel said it will likely exercise the right to buy 25 planes, which it would like to begin receiving in 2014.

Italy, one of the project's nine partners, said last week it would not purchase two early models of the jet it had intended to use for testing and evaluation, Israeli defense officials noted Thursday.

While deciding not to buy the test aircraft, Italy remains a partner in the JSF program and has announced plans to buy around 130 planes.

JSF manufacturer Lockheed Martin confirmed that Italy would not purchase the test aircraft but that Rome was still a full-fledged partner in the program and was committed to buying the final version.

But Italy is reportedly not the only country getting cold feet about the project.

According to the British Times, England is considering pulling out of the project due to its increasing costs. The British had planned to buy 150 planes.

It had intended to deploy the jets on the Royal Navy's new aircraft carriers. But, according to the report, Britain has commissioned studies to analyze whether Eurofighters could be adapted to fly off the carriers instead.

Israeli defense officials said that the global economic crisis was clearly having an effect on the arms market.

One official said it was possible that if orders dropped, the cost of the plane would increase and that as a result Israel would need to reconsider the number of planes it will buy.

RATE THIS ARTICLE
PrintSubscribe
Toolbar
+ Recommend:
facebook twitter del.icio.us reddit fark
What's this?
Most Original
Ulpan Aviv
Dove Sderot
Nefesh B'eNefesh
Kadish
eTeacher
JWStore
Philanthropy Guide
Hertz
JWStore
Bank hapoalim
KKL Picture of the week
Got a Question?
Have a question about something in this story? Ask it here and get answers from other users like you.

 
 
 
© 1995 - 2009 The Jerusalem Post. All rights reserved.    About Us | Media Kit | Exclusive Content | Advertise with Us | Subscribe | Contact Us | RSS
The online edition of The Jerusalem Post – JPost.com – provides first class news and analysis about Israel, the Middle East and the Jewish world. Whether news about Iran, Gaza, Syria, Fatah, Hamas or Hezbollah, JPost.com covers the burning issues of the Middle East and the Israeli-Arab conflict.