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foreign military sale (FMS)

 
 

Bahrain to Receive Sixteen F-16s Worth More Than $1 Billion

JUN 25, 2018: Lockheed Martin has been awarded a contract for F-16 production for the kingdom of Bahrain. The deal, announced Friday by the Department of Defense, is valued at more than $1.124 billion under the terms of a fixed-price-incentive-firm contract that enables Lockheed Martin to provide 16 F-16 V Block 70 aircraft, according to the Pentagon. The F-16 Fighting Falcon is a single-engine, multi-role fighter jet that is primarily used for air-to-air and air-to-surface missions, according to the U.S. Air Force. The Block 70 version of the aircraft isRead More


White House Approves $1.3 Billion Sale of Howitzers to Saudi Arabia

(PKONWEB/BE2C2) — The U.S. State Department said it has approved a possible foreign military sale to Saudi Arabia of 180 Self-Propelled Howitzers. The proposed foreign military sale “will support the foreign policy and national security objectives of the United States” by strengthening the defensive capabilities of Saudi Arabia, who is a contributing partner to stability in the Middle East, the State Department said. The State Department assessed that the sale would not alter the basic military balance in the region and comes as Crown Prince Mohammed bin Salman concludes aRead More