Morocco’s Request to Buy $157M in Raytheon Missiles Gets State Dept Approval

TOW-missileThe State Department has cleared Morocco’s request to purchase TOW 2A missiles, related equipment and services from the U.S. government under a potential $157 million contract.

Raytheon (NYSE: RTN) will serve as the prime contractor for the sale that includes 600 TOW 2A radio-frequency missiles, 300 M220A2 TOW launchers and seven TOW 2A RF fly-to-buy lot acceptance missiles, the Defense Security Cooperation Agency said Wednesday.

The order also covers spare parts, test equipment, missile support tools, technical manuals, government-supplied equipment, logistics support, training and other technical services.

Morocco plans to use the requested equipment for its ground defense modernization efforts.

DSCA informed Congress of the proposed sale Tuesday.

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