Sale of TOW IIA Anti-Armor Guided Missiles to Egypt

US Defense Security Cooperation Agency, WASHINGTON: On October 29, 2007 the Defense Security Cooperation Agency notified Congress of a possible Foreign Military Sale to Egypt of TOW IIA anti-armor guided missiles as well as associated equipment and services. 
 
The total value, if all options are exercised, could be as high as $99 million. 
 
The Government of Egypt has requested a possible sale of 2,000 TOW 2A Missiles, plus 28 buy-to-fly missiles, containers, test sets and support equipment, spare and repair parts, publications and technical data, maintenance, personnel training and training equipment, U.S. Government (USG) and contractor engineering, technical and logistics support services, and other related elements of logistics support. The estimated cost is $99 million. 
 
This sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a friendly country that has been and continues to be an important force for political stability and economic progress in the Middle East. 
 
Egypt needs these TOW 2A missiles and launchers to augment its current inventory and provide mechanized infantry and field artillery units with an anti-armor capability. Egypt will have no difficulty absorbing these additional missiles into its armed forces since it already has TOW missiles in its inventory, which were previously procured from the United States. 
 
The sale of this equipment and support will not affect the basic military balance in the region. 
 
The two U.S. Government representatives already in country, who currently manage the existing TOW 2A programs, will also manage this program. 
 
The prime contractor will be Raytheon Company, Tucson, AZ. There are no known offset agreements proposed in connection with this potential sale. 
 
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.