News Briefs

  Kislev 26, 5772 , 22/12/11

Contracts with Turkish Air Force Frozen

Despite the renewal of coordination between the Israeli and Turkish air forces, the Defense Ministry told Israel Aircraft Industries and Elbit Systems Ltd., Thursday that they had to stop supplying $140 million worth of intelligence systems to the Turkish air force under contracts signed two years ago.

The ministry cited a decision at the diplomatic policy level. Elbit said the government did not renew an export license it had to execute a $90 million from a number of years ago. The company and the government are discussing monetary compensation for the loss.

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