Procurement: October 17, 2000

Archives

The Israelis are considering the F-16 Block 60, the most advanced version of the venerable Falcon, as part of its option to buy 50 more F-16s for $2 billion under its 1999 contract with Lockheed Martin. While the F-16 Block 60 is clearly superior, it is also more expensive, and the Israelis will only be able to afford it if they receive extra military aid from the US as part of a peace agreement. The option on the F-16s will expire in about a year and if the Israelis don't exercise it, buying the planes later would cost an extra $200 million.--Stephen V Cole

X

ad

Help Keep StrategyPage Open

First came Facebook, then came Twitter, and finally, AI has arrived. They have all caused a decline in our business, but AI may be the deadliest innovation. We are currently in survival mode. Our writers and staff receive no payment in some months, and even when they do, it is below the minimum wage for their efforts. You can support us with your donations or subscriptions. Please help us keep our doors open.

Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on X.

Subscribe   Donate   Close