Hello, Guest!
  • Monday, December 23, 2024

State Department OKs $3B Updated Patriot Missile Sale to Saudi Arabia

The State Department has approved Saudi Arabia’s request to purchase Patriot missile interceptors and related equipment from the U.S. government under a potential $3.05 billion foreign military sales contract.

Raytheon Technologies (NYSE: RTX) will serve as the prime contractor to deliver 300 Patriot MIM-104E Guidance Enhanced Missile-Tactical Ballistic Missile units to the Saudi Arabian government, the Defense Security Cooperation Agency said Tuesday.

The proposed sale also includes tools and test equipment, spare and repair parts, training equipment, range and test programs, quality assurance team support, associated publications and technical documentation.

Saudi Arabia intends to use the Patriot missile interceptors in efforts to protect its borders against cross-border unmanned aerial systems and ballistic missile threats from the Houthi armed group.

DSCA notified Congress of the potential FMS deal Tuesday and the agency noted the sale will not alter the basic military balance in the region.

Video of the Day

Related Articles

Expert Panelists Discuss Low-Code Software & Citizen Development Events

Expert Panelists Discuss Low-Code Software & Citizen Development

Workforce is a determining factor of the success of any project, and it can be a challenge for federal agencies to find and recruit information technology experts and train their existing staff – who are often used to traditional processes – on new technologies. Low-code software presents a solution to this problem. This programming method

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile Contract Awards

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile

The State Department has approved the requests of the governments of Poland and the Netherlands to buy an extended-range variant of the Advanced Anti-Radiation Guided Missile system, related equipment and support services from the U.S. government under two foreign military sales deals worth approximately $2 billion combined. Northrop Grumman (NYSE: NOC) will serve as the

State Department OKs $140M Sale of Aircraft Contractor Logistics Support to Iraq Foreign Military Sales

State Department OKs $140M Sale of Aircraft Contractor Logistics Support to Iraq

The Department of State has approved the government of Iraq’s request to buy from the U.S. government C-172 and AC/RC-208 aircraft contractor logistics support, training and related equipment through a potential $140 million foreign military sales agreement. Northrop Grumman (NYSE: NOC) will serve as the principal contractor in the FMS transaction, which will enable the