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  • Friday, April 26, 2024

Report: Pentagon Outlines $4.3B in Potential Arms Sales to Iraq

PentagonThe U.S. Defense Department has informed Congress of nearly $4.3 billion in potential foreign military sales transactions with Iraq, Defense News reported Sunday.

Paul McLeary writes the deals come as the country aims to address sectarian violence and terrorist attacks.

“Iraq is moving back to a primary state of civil war, and its internal focus is coming back to counterinsurgency and counterterrorism, ” Anthony Cordesman of the Center for Strategic and International Studies told Defense News.

One set of transactions valued at up to $1.9 billion combined includes 50 General Dynamics Land Systems-made (NYSE: GD) Stryker infantry carriers and 12 Bell Helicopters, Defense News reports.

Another $2.4 billion deal covers 681 Raytheon-made (NYSE: RTN) anti-aircraft missiles as well as projectile launchers and other components, according to the report

A five-year maintenance program for U.S.-made military vehicles valued at $750 million is a priority for both U.S. and Iraqi defense officials, McLeary reports.

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