US Defense Security Cooperation Agency, WASHINGTON: The Defense Security Cooperation Agency notified Congress of a possible Foreign Military Sale to Korea of SM-2 Block IIIA/B Tactical STANDARD missiles as well as associated equipment and services.
The total value, if all options are exercised, could be as high as $372 million.
The Government of Korea has requested a possible sale of 150 SM-2 Block IIIB Tactical STANDARD missiles, 60 SM-2 Block IIIA Tactical STANDARD missiles with MK 13 Mod 0 canisters, spares, 1 inert Block IIIB Tactical STANDARD missile, Intermediate-Level Maintenance activity section-level shipping containers, test equipment hardware/software upgrades, test and support equipment, supply support, training and training equipment, publications and technical data, U.S. Government and contractor technical assistance and other related logistics support. The estimated cost is $372 million.
The proposed sale will enhance South Korea’s defensive capabilities and increase interoperability with U.S. and multi-national forces supporting coalition operations. The country already has these missiles in its inventory, and will have no difficulty absorbing these items.
The prime contractor will be Raytheon Systems Company of Tucson, Arizona. Offset agreements associated with this proposed sale are expected, but at this time the specific offset agreements are undetermined and will be defined in negotiations between the purchaser and contractors.
Implementation of this proposed sale will require the assignment of U.S. Government or contractor representatives for six months to assist in the installation, testing, training, and support requirements.
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.
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