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May 03, 1996 - Image 57

Resource type:
Text
Publication:
The Detroit Jewish News, 1996-05-03

Disclaimer: Computer generated plain text may have errors. Read more about this.

0,

6 5

New Deals
In Defense Area

Jerusalem (JPFS) — McDonnell
Douglas has signed $400 million
in deals with Israeli defense con-
tractors, more than half of its
offset agreement for the IDF's
purchase of the F-15I, a senior
company executive said.
Robert Trice Jr., McDonnell's
vice president of business de-
velopment, told the Israel Man-
agement Center that his
company is looking for long-term
partnerships with contractors
in Israel rather than simply pur-
chasing products from them as
part of the offset agreement.
"There are very few countries
that McDonnell Douglas sees as
important strategically to its fu-
ture," Mr. Trice said. "One of
them is Israel."
Mr. Trice said a dozen Israeli
companies are already direct
suppliers to McDonnell. They
include Israel Aircraft Indus-
tries' Lahav division, which is a
partner in a bid to upgrade 435
T-38 trainer jets.
Elbit and Rafael are working
with the U.S. defense contrac-
tor to develop and supply the
Dash Helmet and Python mis-
sile to McDonnell's F-18A.
Israel is also one of 11 nations
involved in a McDonnell project
to develop the MD900 Explorer,
a new airplane.
In the civilian sector, an Is-
raeli consortium is working with
McDonnell to develop solar en-
ergy in a project to begin this
year. In another project, Madah-
Com, a small Israeli firm, is
working with McDonnell to
adapt military communications
to develop a commercial public
address system.

Sales Growth
Is Steady

Jerusalem (JPFS) — The pace
of growth in retail sales in Israel
remained steady in the first
quarter, rising 0.9 percent com-
pared to the same period last
year, the Central Bureau of Sta-
tistics reported.
The rate of growth in retail
sales of food picked up by a
monthly average of 2 percent in
the first three months of the
year, compared to 1.5 percent in
the fourth quarter of 1995 and
1 percent in last year's third
quarter.

Publicity Deadlines

The normal deadline for local news
and publicity items is noon Thursday,
eight days prior to issue date. The
deadline for birth announcements is
10 a.m. Monday, four days prior to
issue date; out-of-town obituaries, 10
a.m. Tuesday, three days prior to is-
sue date.

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