Tuesday, July 18, 2006

Pentagon OKs Possible $210 Million Jet Fuel Sale To Israel

Rebecca Christie
Dow Jones Newswires

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.

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