Israeli defense minister Moshe Ya’alon has announced the scrapping of a multi-billion-dollar arms deal which includes the procurement of six V-22 Osprey aircraft from the US, local media reported Thursday.
The decision to scrap the deal signed last year was taken after Ya’alon was reportedly shunned by Washington officials during his visit to the US.
Ya’alon has cited budgetary constraints as the reason for canceling the deal although speculation is rife that the decision is retaliation for the alleged snub.
A Tuesday report of The Atlantic magazine reported that senior Washington officials used a derogatory term associated with poultry for Israeli Prime Minister Benjamin Netanyahu and alleged that the relationship between the two countries was in crisis.
Meanwhile, the Israeli Defense Force (IDF) officials are downplaying the whole issue and were quoted as saying that they’re re-examining the security needs after the Gaza War.
The deal was to include anti-radiation missiles, advanced radars for Israel’s F-15s, KC-135 refueling aircraft and V-22.
The decision to cancel comes three days after Israeli officials said the army would buy a second squadron of US-made F-35 fighter jets.
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The Israeli government is all set to sell Israel Military Industries (IMI) for an approximate $540 million, Haaretz, Israeli daily reportedMonday. The company will be sold either directly to an investor or an investor group
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Three US marines are presumed lost at sea after 23 others were rescued when an American MV-22 Osprey aircraft crashed off the Queensland coast during a US-Australian military exercise. The MV-22 Osprey aircraft was involved in a “mishap” at about 4pm Saturday off Shoalwater Bay near Rockhampton, where the biennial Talisman Sabre joint US and Australian military training exercise is under way, the US Marine Corps said in a media statement
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Israel is likely to order 12 to 15 in the purchase of a second squadron of advanced F-35 fighter jets from the US as against the earlier deal of 31 aircrafts, local media reported. Strategic Affairs Minister Yuval Steinitz was quoted as saying by Haaretz, Israeli daily earlier this month that “the money for the highly-touted deal should instead be spent developing Israels drone force and buying more relatively inexpensive rockets that can be launched from the air, sea, or land
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