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.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.