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No. 145-98
MEMORANDUM FOR CORRESPONDENTS
September 16, 1998
The Department of Defense announced today the possible sale to the Government of Spain of 112 SM-2 Block IIIA STANDARD missiles (80 tactical missiles with warheads and 32 telemetry missiles), containers, canisters, spare and repair parts, supply and follow-on support, engineering technical assistance, training, and other related elements of logistics support. The estimated cost is $105 million.
This proposed sale will contribute to the foreign policy and national security objectives of the United States by helping to improve the military capabilities of Spain and furthering standardization and interoperability.
Spain will install these missiles on their new AEGIS F100 Class ships and operate the ships in a manner similar to its current ship operations. Spain, which already has STANDARD missiles in its inventory, will have no difficulty absorbing these additional missiles.
The proposed sale of this equipment and support will not affect the basic military balance in the region.
The principal contractors will be Standard Missile Co., McLean, Va. and Raytheon Missile Systems Co., Tucson, Ariz. One or more proposed offset agreement might be related to this proposed sale.
Implementation of this sale may require the assignment of U.S. Government personnel or contractor representatives in-country for up to two weeks for engineering technical assistance following delivery of the missiles.
There will be no adverse impact on U.S. defense readiness as a result of this proposed sale.
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