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IMMEDIATE RELEASE

Release No: 291-00
May 26, 2000

PROPOSED FOREIGN MILITARY SALE TO GREECE ANNOUNCED

The Government of Greece has requested a possible sale of 560 Advance Medium Range Air-to-Air Missiles, 750 BLU-109 bombs, missile containers, fuzes, spare and repair parts, publications and technical documentation, engineering technical assistance, and other related elements of logistics and program support. The estimated total cost is $305 million.

The proposed sale will contribute to the foreign policy and national security objectives of the United States by improving the military capabilities of Greece while enhancing weapon system standardization and interoperability with U.S. forces.

The proposed sale will provide an opportunity to further modernize and strengthen the Greek air forces in the air defense role. These munitions and associated equipment and support are intended to supplement their air-to-air missile employment arena in the southern region of NATO, and defense and protect its national boundaries. Greece will have no difficulty absorbing these munitions into their armed forces. These missiles will be provided to Greece in accordance with and subject to the limitations on use and transfer of the Arms Export Control Act, as embodied in the terms of sale. This proposed sale will not adversely affect either the military balance in the region or U.S. efforts to encourage a negotiated settlement of the Cyprus question.

The principal contractors will be Raytheon Co., Tucson, Ariz., and either National Forge, Irvine, Pa.; or Lockheed Martin Missiles and Fire Control, Orlando, Fla. The Greek government wants offsets to be a part of this procurement; however, there has not been any discussion between Greece and the contractors.

Implementation of this proposed sale will not require the assignment of any additional U.S. government and contractor representatives to Greece.

There will be no adverse impact on U.S. defense readiness as a result of this proposed sale.