Thursday, April 01, 2010

Slow Times in Aircraft Industry? Obama Foreign Policy!

Who needs Lockheed-Martin employees, anyway?

Under the accord, Israel would be able to purchase three C-130Js from manufacturer Lockheed Martin. The agreement called for an option of another six air transports for a total value of $1.9 billion. The Israeli request for the Super Hercules had been approved by the administration of then-President George W. Bush in 2007.

The administration of President Barack Obama has refused to approve any of Israel’s military requests since it entered office in January 2009. The Pentagon did not announce any weapons contracts to Israel over the last 14 months. --World Tribune, via Gateway

In other words, that $1.9Bn contract is effectively void.

1 comment:

Tim Morrissey said...

He's gonna sell 'em C-17's instead, if Boeing can get its CAFE numbers up...