[LCM Articles] For regional peace & security...
Loai Naamani
loai at MIT.EDU
Sat Jul 15 16:00:45 EDT 2006
http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20060714\ACQDJON20060
7141705DOWJONESDJONLINE000950.htm
Pentagon OKs Possible $210 Million Jet Fuel Sale To Israel
The Pentagon on Friday said it has approved a possible $210 million sale
to Israel of JP-8 jet fuel.
The Defense Security Cooperation Agency notified Congress of the deal.
Congress has the ability to block foreign military transactions but rarely
steps in.
The Pentagon said it had not yet identified a contractor for the fuel. A
competitive process is expected.
"This proposed sale will contribute to the foreign policy and national
security of the United States by helping to improve the security of a
friendly country which has been, and continues to be, an important force
for political stability and economic progress in the Middle East," the
defense agency said.
"The jet fuel will be consumed while the aircraft is in use to keep peace
and security in the region," the agency said.
-By Rebecca Christie, Dow Jones Newswires; 202-862-9243; Rebecca.Christie@
dowjones.com
(END) Dow Jones Newswires
07-14-061705ET
Copyright (c) 2006 Dow Jones & Company, Inc.
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