State Dept OKs $3.95B in F-16V Aircraft, Patrol Boats, TOW Missile Requests From Bahrain

The State Department has cleared Bahrain’s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined.

Bahrain requested to purchase 19 F-16V fighter planes, jet engines, M61 Vulcan gun systems, APG-83 active electronically scanned array radars, embedded global navigation systems, LAU-129 launchers, modular mission computers and associated tools and support services under a potential $2.785 billion FMS contract, the Defense Security Cooperation Agency said Friday.

Lockheed Martin (NYSE: LMT) will serve as the prime contractor in this transaction and another FMS deal valued at $1.082 billion, which covers the procurement of services for the upgrade of 20 existing F-16 Block 40 jets to the F-16V configuration as well as associated components and support services.

The department also approved a potential $60.25 million deal to sell to the Middle Eastern country 35-meter fast-patrol boats, MK38 Mod 3 25mm gun weapon system, SeaFLIR 380 HD forward looking infrared device, communications equipment and spares as well as technical, logistics and engineering support.

Swiftships, BAE Systems and FLIR Systems (Nasdaq: FLIR) will act as the principal contractors in the transaction.

Bahrain also procured Raytheon-built (NYSE: RTN) TOW 2A, TOW 2B Aero and TOW bunker buster missiles through a potential $27 million FMS deal.

The transactions will require the assignment of government and contractor representatives to Bahrain and seek to help the country build up its homeland defense and deter regional threats.

DSCA said it notified Congress of the deals Friday.

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