
The State Department has approved a potential $350 million deal with Australia for services to support future Standard Missile production and a separate $258 million guided munitions sale with South Korea. The Defense Security Cooperation Agency notified Congress on Wednesday of both foreign military sales. The deal with Australia covers work related to the country’s future purchase of the Raytheon [RTX]-built SM-6 and SM-2IIIC missiles, and includes development, engineering, integration and testing services. “The proposed sale will support the readiness…