military equipment

Israel signs $111 million deal to upgrade Argentinean tanks

The deal is "the beginning of a great friendship between the two ministries," says Israel's Defense Minister.

07/01/2015 - 20:00

BUENOS AIRES, Argentina (JTA) — Argentina’s army signed a $111 million contract with Israel to upgrade 74 tanks made in Argentina.

The deal to upgrade the Argentinian Medium Tanks, or TAM, was signed in Buenos Aires by the Argentina’s Minister of Defense Agustin Rossi and Mishel Ben-Baruch, director of the Israeli Ministry of Defense’s International Defense Cooperation Division.

Israel will upgrade 74 Argentinian tanks, a deal worth some $111 million. Getty Images

U.S. to store more weapons in Israel

11/10/2010 - 19:00

(JTA) -- The United States will store an additional $400 million in emergency military equipment in Israel.

The new equipment, which is available to Israel in the event of an emergency, will bring to $1.2 billion by 2012 the amount of American military equipment being stockpiled in Israel.

Congress approved for storage in Israel the new weapons, which will arrive in Israel over the next two years, last month, but the story was first reported this week in the Defense News magazine, by its Israel-based reporter Barbara Opall-Rome.

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