State Dept OKs $245M TOW 2A Missile Sale to Lebanon


TOW-missileThe State Department has cleared Lebanon’s request to procure tube-launched, optically tracked, wireless-guided 2A missiles, related components and services from the U.S. for use in homeland defense operations under a potential $245 million foreign military sales contract.

Raytheon (NYSE: RTN) will be the primary contractor for the sale that includes 1, 000 TOW 2A missiles, 50 M220A2 TOW launchers, 500 BGM-71-H-1-RF TOW Bunker Buster missiles, spare parts and containers, the Defense Security Cooperation Agency said Wednesday.

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The FMS agreement also covers support tools, training resources, documentation, logistics support and other technical services.

DSCA said it notified Congress of the potential sale Tuesday.

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