:

State Department Approves $943 Million in Arms Sales With Hungary, Denmark, Lithuania And South Korea

By Matthew Beinart

Tuesday, August 27th, 2019

SHARE:

State Department Approves $943 Million in Arms Sales With Hungary, Denmark, Lithuania And South Korea

AMRAAM

The State Department has approved nearly $1 billion in arms sales with Hungary, Denmark, Lithuania and South Korea, ranging from missiles to Joint Light Tactical Vehicles. The Defense Security Cooperation Agency notified Congress on Tuesday of the four separate deals totaling $943 million. Hungary is set to receive 180 of Raytheon’s [RTN] AIM-120C-7 Advanced Medium Range Air-to-Air Missiles (AMRAAM) for $500 million. The deal also includes four spare control sections, six training missiles, missile containers and classified software for the…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]