This news is classified in: Defense Missiles / Rockets Contracts
May 2, 2023
The State Department has made a determination approving a possible Foreign Military Sale to the Government of Latvia of Naval Strike Missile Coastal Defense System and related equipment for an estimated cost of $110 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today.
The Government of Latvia has requested to buy a Naval Strike Missile Coastal Defense System (NSM CDS), including tactical, telemetered, and training missiles; containers; mobile operational platforms; integration equipment; ordnance handling equipment (OHE); training equipment and aids; technical publications and data; training; spares; U.S. Government and contractor technical and product support or assistance; and other related elements of logistical and program support. The estimated total cost is $110 million.
This proposed sale will support the foreign policy goals and national security objectives of the United States by improving the security of a NATO ally that is an important force for political stability and economic progress in Europe.
Market forecasts by Region, Technology, System, Platform, Component, Guidance System, and End-User. Market and Technology Overview, Opportunity and Scenario Analysis, and Leading Company Profiles
Download free sample pages More informationThe proposed sale will improve Latvia’s capability to meet current and future threats in the Baltic Sea maritime domain. Latvia’s increased coastal defense capability and interoperability with U.S. and NATO armed forces will contribute to both U.S. and Latvian defense and security objectives in the Baltics. Latvia will have no difficulty absorbing this equipment into its armed forces.
The principal contractor is to be determined. There are no known offset agreements proposed in connection with this potential sale.
Implementation of this proposed sale will not require the assignment of any U.S. Government or contractor representatives to Latvia.
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. The description and dollar value are for the highest estimated quantity and dollar value based on initial requirements. Actual dollar value will be lower depending on final requirements, budget authority, and signed sales agreement(s), if and when concluded.
