State Dept Clears $1.2B Sale of Raytheon-Built Air-to-Air Missiles to Australia

AIM-120DThe State Department has approved Australia’s request to purchase $1.22 billion in Raytheon-made (NYSE:RTN) AIM-120D medium-range air-to-air missiles and related equipment under a foreign military sales agreement with the U.S. government.

The Defense Security Cooperation Agency said Monday Australia ordered 450 AIM-120D missiles,  34 AIM-120D air vehicles instrumented, six instrumented test vehicles and 10 spare AIM-120 guidance sections to support that country’s fleet of F/A-18, E/A-18G and F-35 aircraft.

Australia plans to buy $1.08 billion in major defense equipment with the remaining $140 million set aside for support equipment and services, DSCA said.

DSCA cited the Australian air force’s goals for a greater air-to-air intercept posture and increased interoperability with U.S. armed forces as factors in the FMS agreement.

The agency also said the U.S. government sought to help Australia build up its defenses as a major partner in the Asia-Pacific region.

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