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Friday, February 7, 2025

US State Department approves military sales worth $7.4 billion to Israel

 The U.S. State Department has approved the potential sales of missiles, munitions and other equipment to Israel for an estimated total of about $7.4 billion, the Pentagon said on Friday.

The Pentagon announced a $6.75 billion package of munitions, guidance kits, fuzes and munitions support and related equipment that included the principal contractor Boeing (NYSE:BA) among others.

It separately announced a $660 million deal to sell Hellfire Missiles and equipment in which Lockheed Martin (NYSE:LMT) would be the principal contractor.

https://www.investing.com/news/stock-market-news/us-state-department-approves-military-sales-worth-74-billion-to-israel-3857407

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