The State Department has approved a potential sale to Iraq of $97 million in Advanced Precision Kill Weapon Systems built by BAE Systems and $600 million in vehicle parts made by General Dynamics (NYSE: GD).
The Defense Security Cooperation Agency said Wednesday the proposed sale of 2, 000 APKWS includes spare and repair parts, documentation, personnel training and associated equipment, weapon and test support equipment and other logistical support.
Representatives of the U.S. government and BAE will travel to Iraq over a three-year period to perform site surveys and program and technical reviews and provide program management, training and maintenance support.
DSCA said Iraq requested the APKWS to bolster security and defense operations for its army aviation command.
The agency also reported that Iraq sought a Foreign Military Sales Order II to fund requisitions under a Cooperative Logistics Supply Agreement for parts and components of multiple ground transportation vehicles, related equipment and associated services.