View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. MarketData
October 13, 2011

Lockheed, KAI to bid for IAF aircraft deal

Korea Aerospace Industries (KAI) is partnering with Lockheed Martin to bid for the estimated $1bn Israel Air Force (IAF) aircraft deal.

Korea Aerospace Industries (KAI) is partnering with Lockheed Martin to bid for the estimated $1bn Israel Air Force (IAF) aircraft deal.

The partnership is considered of benefit to Israel in utilising the US foreign military funds it receives to purchase the aircraft.

KAI’s T-50 supersonic trainer and Italy’s Alenia Aermacchi M-346 Master are currently being considered by IAF to replace its aging fleet of A-4 Skyhawks.

The A-4 Skyhawks are used by IAF to train cadets during their advanced pilot training.

The Jerusalem Post reports that the Italian government had proposed to offer its M-346 aircraft in exchange for two AWACS aircraft from Israel Aerospace Industries.

The final decision on the deal is expected in the beginning of 2012.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The defence industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU