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U.S. Unfreezes F-16, M1A1 Tank Kit Shipments To Egypt

Rich Abott By
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The United States this week ended a suspension of weapons transfers to Egypt, clearing the way for shipments of Lockheed Martin [LMT] F-16 fighter jets and General Dynamics [GD] M1A1 tanks kits to the country.The Obama administration put a hold on most weapons transfers to Egypt in October 2013 following the military’s removal of an elected president two months earlier. The White House said the shipments would not be restored until Egypt has made some progress on a path toward…

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