Israel seeks to buy $1.3 bln of U.S. missiles
By Jim Wolf
WASHINGTON (Reuters) - The Bush administration announced tentative plans on Wednesday to sell Israel up to $1.32 billion worth of advanced guided TOW and Hellfire missiles, munitions and other weapons.
The prime contractors for the proposed sale would be Raytheon Co and Lockheed Martin Corp, the Pentagon's Defense Security Cooperation Agency said in a mandatory notice to Congress.
Israel is seeking to buy 1,700 Lockheed Martin Hellfire II missiles plus 100 Raytheon Patriot guidance enhanced missile-plus munitions and 2,000 radio frequency TOW 2A missiles, the notice said.
"Israel's strategic position makes it vital to the United States' interests throughout the Middle East," the agency said. "It is vital to the U.S. national interest to assist Israel to develop and maintain a strong and ready self-defense capability."
At the same time, the Pentagon announced plans to sell Egypt up to 2,000 similar, TOW 2A anti-armor guided missiles plus related equipment in a deal valued at up to $99 million. Raytheon would be the prime contractor for this sale, the Pentagon said in a separate notice to Congress.
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