State Dept OKs $476M Sale of Lockheed Martin’s Hellfire III Missiles to UAE

lockheed-martinTYSONS CORNER, VA, May 17, 2016 — The U.S. government has approved the foreign military sale of Lockheed Martin-built (NYSE: LMT) AGM-114 R/K Hellfire III missiles to the United Arab Emirates under a $476 million deal, GovCon Wire reported Monday.

The Defense Security Cooperation Agency said Friday the State Department cleared the potential sale in support of the UAE’s homeland defense and critical infrastructure protection efforts.

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