U.S. approves potential sale of $3.4 bln helicopters to Israel
The U.S. State Department said on Friday it has approved the potential sale of 18 CH-53K heavy lift helicopters to Israel in a deal valued at up to $3.4 billion. The package would include engines, navigation systems, weaponry, support equipment, spares and technical support. Lockheed Martin Corp (LMT.N)and General Electric Co (GE.N)are the prime contractors on the deal. Despite the approval by the State Department, the notification does not indicate that a contract has been signed or that negotiations have concluded.
Source: reuters.com