Ynetnews > Business
Search


   Israel News

Israel News
Israel Opinion
Israel Business
Israel Culture
Jewish
Israel Travel
Israel Activism
Shop
Business Ties

Photo: IMI Archive
Israel to enhance tanks for Turkey Photo: IMI Archive
 

 

IMI negotiating tank enhancement deal with Turkish company

Israeli Military Industry has been operating in Turkey for nearly decade. Tank deal uncertain due to political tensions between Jerusalem and Ankara

Naama Sikuler, Calcalist
Published: 11.01.09, 08:22 / Israel Business

Despite political tensions between Jerusalem and Ankara, the Israeli Military Industry is currently negotiating a contact for the enhancement of dozens of tanks with the Turkish Ascension company. The companies had previous business collaborations.

 

The tanks are not intended to be used by the Turkish army and are slated to be transferred to a third country after being enhanced.

  

Diplomatic Crisis
Strained Israel-Turkey ties concern US / Roni Sofer
American diplomats tell officials in Ankara tensions with Jerusalem may hinder fight against extremists, thwart efforts to curb Iran's nuclear ambitions
Full story
The IMI has held comprehensive business contacts with Turkey for nearly a decade, the most prominent project being the "Turkish Tank," which was launched in 2001. As part of the project, the IMI is enhancing 150 tanks for Turkey. The process is due to finish this year.

 

However, it remains unclear whether the deal will follow through, in the wake of tensions between Israel and Turkey, which according to foreign sources, resulted in an Israeli decision to freeze almost completely its defense export to Turkey.

 

Recent tensions have led the defense system in Israel to review several Turkish applications for defense purchases and puts at question several export deals which amount to hundreds of millions of dollars. The Israeli industries are in danger of suffering a major blow should the deals be dropped.

 

Among the prospective transactions: Export of an anti-missile system, sale of drones and armored personnel carriers.

 

Turkish elements have expressed interest in Israeli electronic warfare systems for ground forces, as well as in aircraft-mounted intelligence collection systems.

 

Israeli companies such as Elbit and Elta are already providing Turkey with fighter jet intelligence systems in a $141 million deal. It remains unclear whether a follow-up deal will be signed.

 

talkbacktalkback   PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us

See MorePhoto: APStudy: Arabs retire from work at age of 40-44Photo: TomerikoRamat Gan's Ayalon Mall to be expanded

 

 

 
11 Talkbacks for this article   See all talkbacks
Please wait for the talkbacks to load

 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us

Site developed by  RealCommerce - content management experts Search Engine Marketing by  Search Engine Marketing