The US government is eyeing Israel, Canada and the United Arab Emirates as possible initial foreign buyers of the V-22 Osprey, a tilt-rotor aircraft built by Boeing Co and Bell Helicopter, a top US Marine Corps official told Reuters.
February 27, 2012 1:08
Israeli electronic defence firm Elbit Systems said on Sunday it expected a $60-$65 million drop in 2011 fourth quarter net profit after it lost a contract with a foreign customer, identified by the Israeli media as Turkey, that the government did not support.
February 12, 2012 2:44
A senior US official on Monday said the situation over Iran's nuclear programme was becoming increasingly worrying and an urgent diplomatic solution needs to be found.
December 5, 2011 11:06
Iran could target installations in Turkey that are part of a planned NATO missile shield in any future conflict, a senior military official said on Saturday, upping the rhetoric against its neighbour with whom relations have soured in recent months.
November 27, 2011 1:53