WASHINGTON (May 12, 2017): The United States State Department approved to sale the Patriot missile systems worth $2 billion to the United Arab Emirates (UAE), said Pentagon on Thursday.
The sale would include 60 Patriot PAC-3 interceptors made by Lockheed Martin Corp and 100 GEM-T missiles made by Raytheon. According to the details, the UAE government has requested the sale of 160 Patriot missiles among other military equipment.
The UAE has more than doubled its defense budget from $9.7 billion in 2005 to over $22 billion in 2014. “This proposed sale will contribute to the foreign policy and national security of the United States by improving the security of an important ally which has been, and continues to be, a force for political stability and economic progress in the Middle East,” the Pentagon said.
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