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State Dept OKs $575M UH-1Y Helicopter Sale to Czech Republic

The State Department has cleared Czech Republic’s request to buy 12 UH-1Y utility helicopters and related equipment and services from the U.S. government under a potential $575 million foreign military sales agreement.

Textron’s (NYSE: TXT) Bell Helicopter subsidiary and General Electric (NYSE: GE) will act as principal contractors in the proposed FMS transaction that covers T-700 GE 401C engines, M240 machine guns and Honeywell-built (NYSE: HON) embedded GPS/inertial navigation systems, the Defense Security Cooperation Agency said Monday.

The deal also includes FLIR Systems’ (Nasdaq: FLIR) Brite Star II multi-sensor targeting system, aircraft survivability equipment, helmet mounted displays, joint mission planning systems, communications tools, IFF transponders, spare, repair parts, test equipment, logistics support and training equipment.

Czech Republic will use the helicopters to build up its homeland defense, deter regional threats and support its military modernization efforts.

The agreement will require the deployment of contractor representatives to Czech Republic to facilitate technical reviews, engineering, maintenance and training support over a two-year period.

DSCA said it notified Congress of the deal on Oct. 11.

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