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11:43 AM, October 21, 2014
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The US Defense Security Cooperation Agency (DSCA) has approved sale worth $600 million worth M1A1 Abrams tank ammunition, equipment, parts and logical support to Iraq, the agency reported Monday.

“This proposed sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a strategic partner,” the DSCA Monday report read.

"This proposed sale directly supports the Iraqi government and serves the interests of the Iraqi people and the United States,” the report added.

Although the sale has yet to be finalized, the State Department is considering General Dynamics-Ordnance Tactical Systems in St. Petersburg, Florida to be the prime contractor.

The foreign military transaction is meant to help support the military balance in the region, as well as to help develop and integrate a ground defense capability. Iraq has requested thousands of arms and ammunition that include anti-tank munitions and ammunition for the tank’s gun.

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