State Department Approves $860.4 Million Deal With Spain For Five AEGIS Systems

The State Department has approved a $860.4 million deal with Spain for five AEGIS weapons combat system for its ship fleet.

The Defense Security Cooperation Agency (DSCA) notified Congress of the foreign military sales (FMS) on June 26.

Spain has also requested six shipsets for Digital Signal Processing, five shipsets for Amazon [AMZN] Web Services computing infrastructure, five Operational Readiness Test Systems, five MK99 MOD 15 Fire Control Systems, five MK41 Baseline VII vertical launching systems, two All-Up-Round MK 54 Mod 0 lightweight torpedoes and 20 SM-2 Block IIIB missiles

“The addition of new AEGIS equipped frigates to Spain's fleet will afford more flexibility and capability to counter regional threats and continue to enhance stability in the region. Spain currently operates 5 AEGIS frigates and is proficient at using the AEGIS system to its fullest capability. Spain has demonstrated the capability, flexibility, and responsibility necessary to acquire this AEGIS system into its fleet and will continue to operate it as required to ensure interoperability as a highly valued NATO partner,” DSCA officials said in a statement.

The prime contractors for the deal are Lockheed Martin [LMT], Raytheon [RTN] and General Dynamics [GD].

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