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State Dept Approves $192M Rocket Sale to Jordan

MissileDefenseThe State Department has approved a proposed $192 million foreign military sale of Lockheed Martin‘s (NYSE: LMT) M31 Unitary Guided Multiple Launch Rocket Systems with related components and services to Jordan.

The Defense Security Cooperation Agency said Thursday that Jordan has ordered 72 GMLRS rocket pods, spare and repair parts, associated equipment and logistics, systems integration and training services.

Jordan wants to acquire the missiles for its border security programs,  to attain interoperability with U.S. forces and have long-range precision artillery tools, DSCA said.

DSCA said Lockheed’s missile and fire control business in Texas will be the principal contractor if Congress approves the transaction.

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