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State Dept OKs $251M F-16 Raytheon Equipment, F-16 Training Deal for Singapore


State DepartmentThe State Department has approved Singapore’s planned $251 million acquisition of Raytheon (NYSE: RTN)-built defense equipment, F-16 pilot training services and logistics support from the U.S. through the foreign military sales program.

The Defense Security Cooperation Agency, which notified Congress on the potential sale last week, said Thursday that the deal would support Singapore’s PEACE CARVIN II detachment at Luke Air Force Base in Arizona over five years.

As principal contractor, Raytheon would provide 80 CATM-9M captive air training missiles, jet fuel, documentation and manuals, airlift and aerial refueling, spare and repair parts and other related services and equipment for Singapore’s F-16 fleet.

DSCA said the F-16 pilot proficiency training program is intended to facilitate professional interaction and operational interoperability between Singapore and U.S. forces.

Once the potential sale concludes, all training and services will occur on U.S. soil.

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