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IMMEDIATE RELEASE

Release No: 428-00
July 20, 2000

PROPOSED FOREIGN MILITARY SALE TO SAUDI ARABIA ANNOUNCED

The government of Saudi Arabia has requested a possible sale of 500 AIM-120C Advanced Medium Range Air to Air Missiles (AMRAAM), software updates to support AMRAAM operational and training devices, missile containers, LAU-128 missile launchers, Captive Air Training Missiles, spare and repair parts, publications and technical documentation, maintenance and pilot training, and other related elements of logistical and program support. The estimated cost is $475 million.

This proposed sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a friendly country which has been and continues to be an important force for political stability and economic progress in the Middle East.

Saudi Arabia needs these missiles to replace their current inventory of AIM-7F missiles, which are rapidly becoming obsolete and unsupportable logistically (1960's technology), and enhance the air-to-air self defense capability of its F-15 fleet. Saudi Arabia will have no difficulty absorbing this equipment into its armed forces.

The proposed sale of this equipment and support will not affect the basic military balance in the region.

The principal contractors will be Raytheon Missile Systems, Tucson, Ariz., and Boeing Aircraft, St. Louis, Mo. There are no offset agreements proposed in connection with this potential sale.

Implementation of this proposed sale will not require the assignment of any additional U.S. government or contractor representatives to Saudi Arabia.

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