Author: Brenda Marie Rivers|| Date Published: February 17, 2021
The State Department has approved a request by the Egyptian government to procure Raytheon Technologies-built (NYSE: RTX) Rolling Airframe Missiles for ship self-defense use through a potential $197 million foreign military sales deal.
Egypt asked to procure as many as 168 RIM-116C RAM systems in Block 2 configuration, guided-missile round containers and support services, the Defense Security Cooperation Agency said Tuesday.
The RAM Block 2 variant includes updates to the weapon’s rocket motor size, control section and radio frequency receiver, according to Raytheon’s missiles and defense business.
DSCA noted that Egypt will buy the missiles to defend the country’s Fast Missile Craft fleet and bolster its coastal security posture.
The agency notified Congress of the proposed sale Tuesday.
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