The US State Department has approved a possible Foreign Military Sale to Iraq of Hellfire missiles and Captive Air Training Missiles, related equipment and support.
The estimated cost is $800 million.
The Government of Iraq has requested a possible sale of five thousand (5,000) AGM-114K/N/R Hellfire missiles; Ten (10) 114K M36E9 Captive Air Training Missiles; associated equipment; and defense services. The estimated major defense equipment (MDE) value is $750 million.
According to a statement from the US Defense Security Cooperation Agency, the proposed sale will contribute to the foreign policy and national security goals of the United States by helping to improve a critical capability of the Iraq Security Forces in defeating the Islamic State of Iraq and the Levant (ISIL).
Iraq will use the Hellfire missiles to improve the Iraq Security Forces' capability to support ongoing combat operations. Iraq will also use this capability in future contingency operations. Iraq, which already has Hellfire missiles, will face no difficulty absorbing these additional missiles into its armed forces.
The proposed sale of this equipment and support will not alter the basic military balance in the region, and the announcement does not mean the sale has been concluded
The principal contractor will be Lockheed Martin Corporation in Bethesda, Maryland. There are no known offset agreements proposed in connection with this potential sale.
(Source: Defense Security Cooperation Agency)