Republic of Korea - AGM-114R1 Hellfire Missiles
The State Department has made a determination approving a possible Foreign Military Sale to the Republic of Korea for AGM-114R1 Hellfire Missiles and associated equipment, parts, training and logistical support for an estimated cost of $81 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on March 30, 2015.
The Republic of Korea (ROK) has requested a possible sale of 400 AGM-114R1 Hellfire II Semi-Active Laser Missiles with containers, 100 ATM-114Q Air Training Missiles, and 12 M36E8 Hellfire II Captive Air Training Missiles. The estimated cost is $81 million.
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This proposed sale will contribute to the foreign policy and national security objectives of the United States by meeting the legitimate security and defense needs of an ally and partner nation. The ROK is one of the major political and economic powers in East Asia and the Western Pacific and a key partner of the United States in ensuring peace and stability in that region. It is vital to the U.S. national interest to assist our Korean ally in developing and maintaining a strong and ready self-defense capability.
The ROK intends to use these Hellfire missiles to supplement its existing missile capability and current weapon inventory. This sale will contribute to the ROK’s force modernization goals and enhance interoperability with U.S. forces. The ROK will use this enhanced capability to strengthen its homeland defense and deter regional threats. The ROK is capable of absorbing and maintaining these missiles in its inventory.
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 Corporation in Orlando, Florida. There are no known offset agreements in connection with this potential sale.
Implementation of this proposed sale will not require any additional U.S. Government or U.S. contractor personnel in Korea.
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
Nov 29 - 30, 2016 - Singapore, Singapore