WASHINGTON, September 9, 2008 The Defense Security Cooperation Agency notified Congress of a possible Foreign Military Sale to Egypt of 120MM High Explosive with Tracer (HE-T) Cartridges as well as associated equipment and services. The total value, if all options are exercised, could be as high as $69 million.
The Government of Egypt has requested a possible sale of 15,500 120MM High Explosive with Tracer (HE-T) Cartridges, 200 Dummy 120MM HE-T Cartridges, and 100 Cutaway 120MM HE-T, field implementation, testing, spare and repair parts, support and test equipment, publications and technical documentation, personnel training and training equipment, U. S. Government logistics personnel services, and other related elements of logistics support. The estimated cost is $69 million.
This sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a friendly country which has been and continues to be an important force for political stability and economic progress in the Middle East.
Egypt needs these 120MM HE-T cartridges to maintain a strategic munitions inventory for its M1A1 tank fleet. Egypt will have no difficulty absorbing these additional munitions into its armed forces since it already has this type of munition in its inventory.
The proposed sale of this equipment and support will not affect the basic military balance in the region.
The principal contractor is General Dynamics Ordnance Tactical Systems of St. Petersburg, Florida. 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 additional U. S. Government or contractor personnel in Egypt.
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; it does not mean that the sale has been concluded.