The US State Department has made a determination approving a possible estimated $740 million FMS of Stinger Missiles to Egypt.
~
Contract Notice, Washington DC, 24 September 2024: The State Department has made a determination approving a possible Foreign Military Sale to the Government of Egypt of Stinger Missiles and related elements of logistics and programme support for an estimated cost of $740 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today.
The Government of Egypt has requested to buy seven hundred twenty (720) Stinger missiles for vehicle-based use on existing Avenger systems, including twenty (20) Product Verification Flight Test (PVFT) munitions. The following non-MDE items will also be included: spare and repair parts; testing equipment; U.S. Government and contractor engineering, technical, and logistics support services; and other related elements of logistical and programme support. The total estimated cost is $740 million.
This proposed sale will support US foreign policy and national security objectives by helping to improve the security of a friendly country that continues to be an important force for political stability and economic growth in the Middle East. The proposed sale will improve Egypt’s capability to meet current and future threats by enhancing Egypt’s ability to defend itself against regional malign actors and improve interoperability with systems operated by US forces and other regional security partners. Egypt’s continued investment in its defensive capabilities is crucial to protecting its borders, transportation infrastructure, and its residents. Egypt will have no difficulty absorbing Stinger missiles into its armed forces. The proposed sale of this equipment and support will not alter the basic military balance in the region.
The principal contractor will be RTX Corporation, located in Tucson, AZ. There are no known offset agreements proposed in connection with this potential sale. Implementation of this proposed sale will not require the assignment of any additional US Government or contractor representatives to Egypt. There will be no adverse impact on US defence readiness as a result of this proposed sale.
The description and dollar value are for the highest estimated quantity and dollar value based on initial requirements. Actual dollar value will be lower depending on final requirements, budget authority, and signed sales agreement(s), if and when concluded.
~