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Qatar Proposes $3B Apache Sale; Boeing, Lockheed, Raytheon, Northrop JV Prime

Qatar has proposed a potential $3 billion foreign military sales agreement with the U.S. government to purchase 24 Apache helicopters and related equipment, according to the Defense Security Cooperation Agency.

Boeing (NYSE: BA), Lockheed Martin (NYSE: RTN), Raytheon (NYSE: RTN) and the Lockheed-Northrop Grumman (NYSE: NOC) joint venture Longbow are prime contractors for this proposed sale.

Lockheed is also a prime on a proposed $2.5 billion sale of MH-60R and MH-60S Seahawk helicopters to Qatar.

DSCA told Congress Qatar plans to purchase the AH-64D helicopters for protecting oil and gas infrastructure platforms the agency says are key to U.S. and western economic interests.

Qatar will also use the helicopters for close air support, armed reconnaissance and anti-tank warfare missions.

The sale will include helicopter engines; fire control systems; radar and sonar equipment; night-vision sensors; night-vision goggles; electro-optical systems; missiles, rockets and ammunition; GPS systems; simulation and training systems; and personnel equipment and protection.

If the sale goes through, three U.S. government and five contractor representatives will travel to Qatar to familiarize personnel with equipment and help with delivery.

The agency said Qatar is also interested in acquiring in-country pilot and maintenance training, where one U.S. military team leader and 11 contractors would be deployed to the country for three years.

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