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Wednesday 24 Jun 2015 - 13:37 Makkah mean time-7-9-1436
(Image from Internet)
Washington, (IINA) - The U.S. State Department recently approved two sales of military equipment to Lebanon; one involves six Super Tucano turboprop fighter planes and the other for 1,000 air-to-ground Hellfire II missiles, according to 24/7 Wall Street.
The estimated value of the order for the six airplanes is $462 million, and the missile order’s value is estimated at $146 million.
The Super Tucanos will be American-built versions of the plane designed and marketed by Brazil’s Embraer S.A. (NYSE: ERJ). Hellfire missiles are built by Hellfire Systems, a joint venture of Lockheed Martin Corp. (NYSE: LMT) and Boeing Co. (NYSE BA).
According to a report in Defense News, the United States has supplied $1 billion in military aid to Lebanon over the past eight years. Lebanon was the fifth-largest recipient of U.S. military aid last year, with over $100 million in assistance.
In addition, according to the Pentagon, the Lebanese government has requested the sale of six A-29 Super Tucano aircraft, along with eight PT6A-68A turboprop engines and other military equipment.
SM/IINA
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