Greece - P-3B Aircraft Overhaul and Upgrade
The State Department has made a determination approving a possible Foreign Military Sale to Greece for P-3B aircraft overhaul and upgrade as well as associated equipment, parts, training and logistical support for an estimated cost of $500 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on October 6, 2014.
The Government of Greece has requested a possible sale for modification and reactivation of two (2) P-3B aircraft, and the upgrade of up to five (5) P-3B aircraft that will include structural Mid Life Upgrades (MLU), Phased Depot Maintenance (PDM), Mission Integration and Management Systems (MIMS), and new flight avionics. The MLU kits will provide service life extensions for 15,000 flight hours, spare and repair parts, repair and return, support equipment, publications and technical documentation, personnel training and training equipment, U.S. Government and contractor logistics, engineering, and technical support services, and other related elements of logistics and program support. The estimated cost is $500 million.
Global Military Aircraft Modernization and Upgrade and Retrofit Market 2017-2021
This proposed sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a NATO ally.
The proposed sale for overhaul and upgrade would allow the Hellenic Navy (HN) to resume operations of its P-3B aircraft for land-based maritime patrol and reconnaissance, surveillance and protection of areas of national interest. The HN will have no difficulty absorbing this equipment into its armed forces.
The proposed sale of this equipment and support will not alter the basic military balance in the region.
The principal contractor will be Lockheed Martin Aeronautics Company in Marietta, Georgia. There are no known offset agreements proposed in connection with this potential sale.
Implementation of this proposed sale will require multiple trips to Greece by U.S. Government and contractor representatives for a period of seven years for delivery, system checkout, training, and program reviews.
There will be no adverse impact on U.S. defense readiness as a result of this proposed sale.
This notice of a potential sale is required by law and does not mean the sale has been concluded.
Source : Defense Security Cooperation Agency (DSCA) - view original press release
Feb 21 - 23, 2017 - London, United Kingdom