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U.S. Defense Firm in Deal with Israel

April 22, 1996
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McDonnell Douglas Corp. has reportedly signed deals worth $400 million with Israeli defense contractors.

The vice president of business development for the St. Louis-based aerospace firm said the company is looking for long-term partnerships with defense contractors, instead of just purchasing Israeli products.

Three years ago, McDonnell Douglas pledged to buy $780 million in Israeli goods to help offset the cost of its $2 billion sale of F-15I jets to the Israel Defense Force.

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