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Lockheed proposes $5bn Aegis ships sale to Saudi Arabia
Lockheed proposes $5bn Aegis ships sale to Saudi Arabia - Transport - ArabianBusiness.com
Lockheed Martin Corp has proposed selling to Saudi Arabia eight Littoral Combat Ship hulls outfitted with its Aegis radar in a package that may be valued at $5bn, a company executive said.
What we are offering is the Aegis SPY 1F system on the Littoral Combat Ship, Paul Lemmo, vice president of business development at Lockheeds Mission Systems and Sensors unit, said in an interview today in Arlington, Virginia.
The Aegis SPY-1F is a smaller, lighter version of the air and missile defense radar deployed on US Navy ships.
Saudi Arabia is seeking eight surface combatant ships, such as the Littoral Combat Ship, as the centerpiece of its plan to recapitalise its eastern fleet that may also include fast- patrol boats, helicopters and drones, he said.
Lockheed proposes $5bn Aegis ships sale to Saudi Arabia - Transport - ArabianBusiness.com