The deal followed four years of talks, during which Israel originally offered to sell its Merkava tanks but Turkey decided to upgrade its existing tanks instead. The two-year project is the first leg of a $7 billion tank-modernization plan, during which about 900 M-60 tanks will be overhauled.
Turkey's choice of IMI for the initial project lowered the chances that General Dynamics, Giat and a Turkish firm could win the larger project. - Adam Geibel
Turkey announced on 15 March that Israeli Military Industries would be awarded a $668 million to modernize 170 U.S.-made M-60 A-1 battle tanks. Israel's IMI will install 120mm main guns, fire-control systems and advanced armor protection, as well as overhauling the engines.