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Thursday, February 27, 2014

Congress Asked to Approve Sale of AMRAAM Missiles to Norway

AIM-120 AMRAAMThe U.S. Defense Security Cooperation Agency, or DSCA, notified Congress Wednesday of plans to sell the government of Norway a lot of AIM-120C-7 Advanced Medium Range Air-to-Air Missiles, or AMRAAMs, plus associated equipment and parts, training and logistical support for use aboard fighter jets of the Royal Norwegian Air Force, or RNAF.

Assuming the sale is allowed to proceed, it would mean $80 million in revenues for Raytheon Corporation , principal contractor on the sale.

Specifically, the RNAF is asking to purchase 36 AIM-120C-7 AMRAAMs and eight Captive Air Training Missiles -- dummy missiles used in training exercises.

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