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US-Israel Agree to $250M Arms Deal

HeadlineMar 26, 2010

While much attention has been paid to the recent tension between the Obama White House and the Israeli government over settlements, the Pentagon and the Israeli military have just concluded another large arms deal. The Israeli newspaper Haaretz reports the US will give Israel three new Hercules-J transport aircraft, produced by Lockheed Martin, at a cost of $250 million. Israel is also negotiating a possible $3 billion deal to purchase Lockheed F-35 war planes.

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