The State Department gave the green light for the U.K.’s plan to buy one ballistic missile defense radar and a pair of command and control battle management and communications systems, built by Lockheed Martin (NYSE: LMT), through a potential $700 million transaction with the U.S. government.
The proposed foreign military sale will also include radar equipment shelter design and construction, communications security, test and training equipment, publications and technical documentation, the Defense Security Cooperation Agency said Thursday.
Lockheed may be required to deploy up to 100 personnel to construct, integrate, install and test the BMDR and C2BMC systems as the principal contractor for the possible FMS transaction.
DSCA added that 15 U.S. government representatives could also travel to the U.K. to support the project once an agreement is implemented.