U.S. approves $740m Stinger missile sale to Egypt for enhancing air defense capabilities.
The U.S. State Department has approved a $740 million sale of 720 Stinger missiles to Egypt, aimed at enhancing the country's air defense capabilities amidst ongoing regional tensions. The missiles will be mounted on vehicles and are part of a broader effort to bolster security in the Middle East, despite concerns over Egypt's human rights record. The principal contractor is RTX Corp, with the deal contributing to a backlog in military supplies due to high demand from various countries.
September 24, 2024
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