US economy slows to 1.6% in Q1 of '24 – BEA    EMX appoints Al-Jarawi as deputy chairman    Mexico's inflation exceeds expectations in 1st half of April    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt agrees to buy up to 24 US F-16 fighters
Published in Almasry Alyoum on 30 - 12 - 2009

Washington - Egypt clinched a deal with the US government last week to buy 20 advanced Lockheed Martin Corp F-16C/D fighter aircraft valued at $1.6 billion, the US Defense Department said Tuesday.
The first of the new batch, known as block 50/52, are expected to be delivered in early 2012, a spokesman for the Defense Security Cooperation Agency said.
The Pentagon told Congress in October that Egypt was seeking as many as 24 F-16C/D block 50/52 models. It said at the time the deal could be worth $3.2 billion, including base construction, support equipment and other hardware and services.
The US-Egyptian agreement was signed Dec. 23 and covered strictly the F-16s, associated equipment and logistical support, said Paul Ebner, the spokesman.
The rest of the possible arms package for Egypt was still subject to negotiations, he said.
The Egyptian embassy did not immediately return a call seeking comment on the reason for buying 20 F-16s rather than the 24 Cairo originally had requested.
George Standridge, Lockheed Aeronautics' vice president for business development, said in a telephone interview that Lockheed now awaits a US government contract for the addition to Egypt's existing F-16 fleet.
Former President George W. Bush's administration is widely reported to have withheld updated F-16s and certain other advanced weapons because of Egypt's human rights record and democracy issues, as well as out of concern for maintaining Israel's qualitative military edge.
Egypt has been flying the F-16 since 1982. It has received 220 of them, after decades of chiefly using military hardware built by the former Soviet Union.
The new agreement marks the 53rd time an F-16 customer has returned for a new batch, said Joe Stout, a Lockheed spokesman.
Last week, Lockheed was awarded an $841.8 million contract to continue building 24 new F-16C/D Block 52 fighters for Morocco, the 25th nation to buy the F-16, the world's most widely flown fighter.
The administration of President Barack Obama told Congress in October that the F-16 sale would greatly enhance Egypt's "interoperability" with U.S. forces.
This would make it a more valuable partner in the Middle East as well as support Egypt's own self-defense needs, the security cooperation agency said.


Clic here to read the story from its source.