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April 19, 2014 / 19 Nisan, 5774
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Posts Tagged ‘Defense News’

Report: Egypt Seizes Grad Rockets Smuggled From Libya

Tuesday, July 3rd, 2012

Defense News magazine has reported that Egypt last week seized a large weapons cache, smuggled from Libya into Egypt, not far from the Libyan border.

The cache included 138 Grad rockets and 139 Grad warheads, and the Egyptian interior ministry stated that police were searching for two men suspected of attempting to traffic the rockets “to the Sinai Peninsula or towards Palestine,” suggesting that the weapons were headed for Gaza.

The presence of extensive smuggling tunnel networks under the Gaza-Egypt border has Israel extremely concerned about the possibility that such weapons will find their way into the hands of the Hamas regime ruling in Gaza.

Report: Boeing, IAI to Sell Arrow Missile System to South Korea

Tuesday, January 31st, 2012

Boeing and Israel Aerospace Industries (IAI), partners in production of the Arrow ballistic-missile defense system, intend to sell the weapon system to South Korea, according to Defense News.

The report stated that the deal is estimated to exceed $1 billion, and would be consummated between the US and South Korean governments.

“There’s still a long way to go, but we and our Israeli partners are working very persistently to be able to provide this phenomenal capability to South Korea, an important U.S. ally,” Roger Krone, president of Boeing said recently in Tel Aviv.

Last week, Boeing and IAI announced that they were increasing collaboration on the Arrow anti-ballistic missile program and other projects in the missile defense arena.

Printed from: http://www.jewishpress.com/news/breaking-news/report-boeing-iai-to-sell-arrow-missile-system-to-south-korea/2012/01/31/

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