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  • Monday, November 4, 2024
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State Department OKs Greece’s $8.6B F-35 CTOL Aircraft FMS Request

The State Department has approved a potential $8.6 billion foreign military sale of F-35 conventional takeoff and landing aircraft and related equipment to the government of Greece.

Lockheed Martin‘s (NYSE: LMT) aeronautics business and RTX‘s (NYSE: RTX) Pratt & Whitney subsidiary will serve as principal contractors on the proposed deal that covers 40 F-35 CTOL units and 42 F135-PW-100 engines, the Defense Security Cooperation Agency said Friday.

Other items include embedded secure communications devices, simple key loaders, electronic warfare systems, cartridge-actuated devices, propellant-actuated devices, full mission simulators and system trainers.

Greece also requested spare and repair parts, personnel training and training equipment, technical documents and publications and engineering, technical and logistics support services.

DSCA noted that Greece will use the requested aircraft to replace legacy planes such as the F-4 and Mirage 2000, build up its air defenses and strengthen interoperability with U.S. and NATO allies.

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