Report: Israeli Company to Build Turkey's First Spy Satellite

Published July 4th, 2000 - 02:00 GMT

An Israeli company has won a contract to build Turkey's first spy satellite, the mass circulation Turkish newspaper Milliyet reported Tuesday. 

Israeli Aircraft Industries agreed a 274-million-dollar contract with the Turkish defense ministry last week, the daily said, adding that the Israeli company had almost halved its initial bid in a last-minute effort to win the work. 

French company Alcatel had made a tender of 350 million dollars. 

The Israeli and French embassies refused to confirm the report - ANKARA (AFP)  

© 2000 Al Bawaba (www.albawaba.com)

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