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02:45 PM, July 30, 2014
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Lockheed Martin has won a $700 million Hellfire missiles contract for Iraq, the defense Security Cooperation agency reported.

The contract involves sale of 5000 AGM-114/N/R Hellfire missiles and associated equipment, parts, training and logistical support.

The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on July 28, 2014. This proposed sale directly supports the Government of Iraq and serves the interests of the people of Iraq and the United States. Iraq will use the Hellfire missiles to help improve the Iraq Security Forces’ capability to support current on-going ground operations.

Iraq will also use these capability in future contingency operations. Iraq, which already has Hellfire missiles, will have no difficulty absorbing these additional missiles into its armed forces.

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