Israel rushes to complete 229-kilometer fence along Egypt border

Israel rushes to complete 229-kilometer fence along Egypt border

Special to WorldTribune.com TEL AVIV — Israel has accelerated efforts to complete its security barrier along the border with Egypt. Officials said the Defense Ministry has ordered round-the-clock work to finish the 229-kilometer border fence with Egypt. The officials said more than 180 kilometers of the barrier have been completed, with the remaining construction expected […]

Deterioration in Israel-Turkey ties causes huge profit decrease for defense firm

Deterioration in Israel-Turkey ties causes huge profit decrease for defense firm

Special to WorldTribune.com WASHINGTON — Another Israeli defense major has reported a drop in profit in wake of a canceled military project with Turkey. The state-owned Israel Aerospace Industries reported a drop in net profits during the fourth quarter of 2011. IAI attributed the decline to Israel’s cancellation of a Turkish aerospace contract in December. […]