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The Department of Defense’s arms sales grew by almost 50 percent in fiscal year 2022 due in large part to foreign military transactions in Asia and Central Europe, DOD News reported Wednesday. Data from the Defense Security Cooperation Agency showed an increase in sales from $34.81 billion in 2021 to approximately $52 billion last year....

The State Department has approved Taiwan’s request to buy Volcano anti-tank munition-laying systems mounted on M977A4 heavy expanded mobility tactical trucks, related equipment and services through a potential $180 million foreign military sales agreement with the U.S. government. Northrop Grumman (NYSE: NOC) and Oshkosh (NYSE: OSK) will serve as ...

The State Department has approved Poland’s request to buy from the U.S. government M1A1 Abrams main battle tanks, other vehicles and related equipment through a potential $3.75 billion foreign military sales agreement. The Defense Security Cooperation Agency said Tuesday there will be 12 prime contractors on the proposed FMS transaction, which inc...

Estonia has closed a $200 million deal to purchase six M142 High Mobility Artillery Rocket System launchers, manufactured by Lockheed Martin (NYSE: LMT), along with associated equipment and support services from the U.S. government. The Estonian defense investment agency said deliveries of the systems are scheduled to begin in 2024 under the contrac...

Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the ...

The State Department has approved Qatar’s request to purchase a suite of systems designed to recognize and mitigate drone threats, as part of a potential $1 billion foreign military sales deal with the U.S. government. Qatar seeks to buy 10 units of the Fixed Site-Low, Slow, Small Unmanned Aircraft System Integrated Defeat System and 200...

The State Department has approved a potential $323.3 million foreign military sale of missile systems, manufactured by Raytheon Technologies (NYSE: RTX), and related equipment to the Finnish government. Finland’s FMS request includes 40 AIM 9X Block II tactical missiles, 48 AGM-154 Joint Stand Off Weapon systems and a number of tactical guidan...

The State Department has cleared a potential $700 million sale of up to 72 modernized Patriot missile systems and associated equipment to the Swiss government. Lockheed Martin (NYSE: LMT) will serve as the principal contractor on the proposed foreign military sales agreement that will include trainers, skid kits, canister consumables, launcher stati...

Lithuania has requested to buy Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $495 million foreign military sales agreement approved by the State Department. The proposed FMS deal includes eight M142 High Mobility Artillery Rocket System launchers, missile and rocket pods, b...

The State Department has approved Oman’s request to buy from the U.S. government up to 48 AGM-154C Joint Standoff Weapon systems, related equipment and support services under a potential $385 million foreign military sales agreement. Raytheon Technologies’ (NYSE: RTX) missiles and defense business will serve as the principal contractor in the pr...