The Department of Defense informed the Congress today that the Government of
Egypt has requested the purchase of 540 TOW II guided missile launchers, spare
and repair parts, support equipment and other logistics support services. The
estimated cost is $43 million.
Egypt would use the missile launchers to augment their current TOW missile
launcher inventory as well as continue the modernization and upgrade of its
mechanized infantry and artillery field units.
The proposed sale of this equipment and support would not affect the basic
military balance in the region. Implementation of this sale would not require
the assignment of any additional U.S. government or contractor personnel to
Egypt.
There would be no adverse impact on U.S. defense readiness as a result of this
sale. The TOW II launchers will be sold from U.S. Army stock and refurbished
prior to delivery.
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