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Investing.com -- The Trump administration has approved a potential sale of up to $3.5 billion in missiles to Germany as Berlin works to strengthen its military capabilities.
The Defense Security Cooperation Agency announced Friday that Germany has requested to purchase up to 173 Standard Missile 6 (SM-6) Block I missiles and 577 Standard Missile 2 Block IIIC missiles, both manufactured by RTX Corporation (NYSE:RTX).
The proposed package includes missile transport, storage and launch canisters for the MK 21 and MK 13 Vertical Launch Systems, along with support equipment, training materials, technical data, and engineering services.
This sale aims to enhance Germany’s integrated air and missile defense capabilities for its future Aegis Weapon System equipped F127 class surface combatants. The acquisition would strengthen Germany’s ability to operate alongside U.S. and Allied naval forces against maritime threats.
The State Department has already approved the possible Foreign Military Sale and delivered the required certification to Congress. RTX Corporation will serve as the principal contractor, with work performed at facilities in Camden, Arkansas; Tucson, Arizona; and Huntsville, Alabama.
According to the Defense Security Cooperation Agency, the 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 a force for political stability and economic progress in Europe."
The agency also noted that the sale "will not alter the basic military balance in the region" and will not require additional U.S. Government or contractor representatives to be stationed in Germany.
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