Lockheed Martin signs contract to market Israeli Python-4 missiles
JERUSALEM, Jan 7 (AFP) - 17:59 GMT - The US company Lockheed Martin signed a contract with Israel's Rafael Armament Development Authority to market Python-4 missiles, Israeli army radio said Friday.
Israel hopes to sell the air-to-air missiles to countries whose air forces are equipped with F-16 aircraft, which are made by Lockheed Martin.
Several years ago, Lockheed Martin and Rafael set up their Pegasus joint venture, which made Popeye air-to-ground missiles that can be used by F-15 or F-16 aircraft, the radio said.
Sales of the Popeye missiles to the Australian, Israeli, Turkish and US air forces have reached 600 million dollars.
South Korea recently ordered 100 of the misiles for 128 million dollars, with Pentagon approval. And Greece is also reported to be interested in buying the Popeyes.
Israel is the world's fifth largest exporter of weapons.
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