The State Department has approved a potential $224 million foreign military sale to the Netherlands of Patriot M903 launching stations and related equipment.
The Defense Security Cooperation Agency said Thursday the Netherlands requested to purchase two new production launching stations along with equipment and services needed to upgrade existing M901 LS to the M903 LS configuration.
The potential agreement includes non-major defense equipment such as Patriot Advanced Capability-3 Missile Segment Enhancement launcher conversion kits, LS modification kits, LS heater controllers, shorting plug kits, Patriot automated logistics system kits; and concurrent spare parts. Other non-MDE items included are U.S. government and contractor engineering, technical, logistics, fielding support services and other related logistics and program support elements.
Lockheed Martin‘s (NYSE: LMT) missiles and fire control business and RTX (NYSE: RTX) will be the principal contractors.
The Netherlands intends to strengthen its missile defense capability against existing and future threats as well as to bolster its homeland defense and deter potential threats within the region. The European nation will also be better equipped to offer support to coalition and security cooperation efforts.
The agency notified Congress of the possible deal Thursday.
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