State Dept Clears Potential $21B F-15 Sale to Qatar

F-15The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement.

The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and economic growth in the Persian Gulf region, as well as support Qatar’s defense against current and future air-to-air and air-to-ground threats.

Qatar also asked for associated weapons packages; ground support; training materials; maintenance support; test equipment; and engineering, technical and logistics support services.

Additional contractors for the sale include:

  • Astronautics Corporation of America
  • BAE Systems
  • Elbit Systems of America
  • General Electric (NYSE: GE)
  • Honeywell (NYSE: HON)
  • Lockheed Martin (NYSE: LMT)
  • L-3 Communications (NYSE: LLL)
  • Raytheon (NYSE: RTN)
  • Rockwell Collins (NYSE: COL)
  • Teledyne Electronic Safety Products
  • United Technologies Corp. (NYSE: UTX)

The FMS transaction requires the assignment of approximately 24 U.S. government and 150 contractor representatives to Qatar, DSCA noted.

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