Ltd. announced it has won two con-
tracts worth $11.1 million from
Lockheed Martin, the second largest
aerospace and defense company in the
United States.
The Haifa-based maker of defense
systems said the first contract, worth
$6.9 million, would be implemented
by EFW Inc., its wholly owned sub-
sidiary in Fort Worth, Texas.
The contract will be for the devel-
opment of a Commercialized Data
Entry Electronics Unit to replace the
current unit on U.S. Air Force's F-16
aircraft.
Drilling To Start
Off Ashkelon
Jerusalem (JPFS) — National
Infrastructure Minister Ariel Sharon
has issued a concession for an
American oil and gas exploration firm,
Samedan, and its Israeli partner to
start drilling for natural gas off
Ashkelon.
Sharon told Samedan vice president
Alan Bullington that if natural gas is
found in commercial quantities, the
government would be involved in
deciding how to supply the country
and at what price.
Samedan, the Houston, Texas-based
subsidiary of Noble Affiliates, is
involved in off-shore drilling in the
Gulf of Mexico, Latin America, and
the North Sea. Samedan and its Israeli
partner, Ramat Hasharon-based Avner
Oil and Gas Exploration, received a
concession for exclusive rights to drill
off Ashkelon, outside of Israel's territo-
rial waters, but within the limits set by
international law for exploiting seabed
resources, the ministry said.
Beit Shemesh
Engines Contract
-
Jerusalem (JPFS) — Beit Shemesh
Engines announced a $8.7 million
contract with Pratt & Whitney for the
overhaul and maintenance of its
engines used by the Israel Air Force's
(IAF) newest fighter jet, the F-15I.
The contract was issued under the
framework of the warranty of the
engines, the F100-PW-229. P&W
intends to give Israel Aircraft
Industries responsibility for warranty
work on the controls and accessories
of the engines.
In the recent delivery of F-15s, the
IAF received more than 60 PW-229
engines.
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©1998 Sterling Bank & Trust, F.S.B.
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Detroit Jewish News
9/11
1998
133