Loading ...
Sorry, an error occurred while loading the content.

U.S. plans $7 billion missile-defense sale to UAE

Expand Messages
  • World View
    U.S. makes $7 billion missile-defense sale to UAE Reuters - Tuesday, September 9 By Jim Wolf http://malaysia.news.yahoo.com/rtrs/20080909/tbs-usa-uae-missile-
    Message 1 of 1 , Oct 12, 2008
    • 0 Attachment
      U.S. makes $7 billion missile-defense sale to UAE
      Reuters - Tuesday, September 9
      By Jim Wolf
      http://malaysia.news.yahoo.com/rtrs/20080909/tbs-usa-uae-missile-
      7318940.html


      WASHINGTON, Sept 8 - The Bush administration is planning to sell the
      United Arab Emirates an advanced U.S. missile defense system valued
      at up to $7 billion that could be used to defend against Iran, people
      who have attended briefings on the matter said on Monday.

      The Pentagon is set to notify the U.S. Congress of the proposed sale,
      which would be the first of the so-called Terminal High Altitude Area
      Defense, or THAAD, several people familiar with the matter said.

      THAAD is built by Lockheed Martin Corp <LMT.N>. Raytheon Co <RTN.N>
      supplies the system's radar.

      Once notified of such a proposed arms sale by the administration,
      Congress has 30 days to review it but almost never blocks.

      In any case, deployment of the THAAD weapons system is "at least
      months away" and could take more than a year, said a congressional
      staff member familiar with the matter.

      Kenneth Katzman, an expert on the Gulf at the Congressional Research
      Service, said the UAE has been eager for a "sophisticated antidote"
      to Iran's missile capabilities.

      "The UAE has been concerned for many years about possible retaliation
      against it for U.S. or Israeli strike on Iran's nuclear facilities,"
      he said.

      For Iran, Katzman added, UAE could be an attractive target because of
      its billions of dollars of infrastructure investments.

      Craig Vanbebber, a Lockheed Martin spokesman, said several countries
      had shown interest in buying the THAAD system, "with its significant
      coverage area and tremendous success in recent testing."

      THAAD is the first missile defense system designed to defend against
      short- and intermediate-range ballistic missiles both inside and
      outside the Earth's atmosphere.

      The potential $7 billion sale would include anti-missile
      interceptors, firing units, associated radar sites and training,
      among other things, a congressional staff member said.

      *********************************************************************

      WORLD VIEW NEWS SERVICE

      To subscribe to this group, send an email to:
      wvns-subscribe@yahoogroups.com

      NEWS ARCHIVE IS OPEN TO PUBLIC VIEW
      http://finance.groups.yahoo.com/group/wvns/

      Need some good karma? Appreciate the service?
      Please consider donating to WVNS today.
      Email ummyakoub@... for instructions.

      To leave this list, send an email to:
      wvns-unsubscribe@yahoogroups.com
    Your message has been successfully submitted and would be delivered to recipients shortly.