The Bush administration announced plans yesterday to sell advanced anti-missile systems to the United Arab Emirates and Kuwait with a combined potential value of nearly $10.4 billion.
The Pentagon told Congress the United Arab Emirates had asked about buying 288 Patriot Advanced Capability PAC-3 missiles and related gear worth up to $9 billion.
The prime contractors for the proposed sale would be Raytheon and Lockheed Martin, the Pentagon's Defense Security Cooperation Agency said in a notice to lawmakers dated Tuesday.
Kuwait said in October it planned to buy anti-missile Patriot systems from the US as part of a military aid package announced in July.
Washington said it would help Saudi Arabia and other Gulf states upgrade their missile defences and air forces and increase naval capabilities in a package that could reach $20 billion over ten years.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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