U.S. Plans $7 Billion Missile-Defense Sale To UAE -- ReutersWASHINGTON (Reuters) - The Bush administration is planning to sell the United Arab Emirates an advanced U.S. missile defense system valued at up to $7 billion that could be used to defend against Iran, people who have attended briefings on the matter said on Monday.
The Pentagon is set to notify the U.S. Congress of the proposed sale, which would be the first of the so-called Terminal High Altitude Area Defense, or THAAD, several people familiar with the matter said.
THAAD is built by Lockheed Martin Corp. Raytheon Co supplies the system's radar.
Once notified of such a proposed arms sale by the administration, Congress has 30 days to review it but almost never blocks.
In any case, deployment of the THAAD system is "at least months away" and could take more than a year, said a congressional staff member familiar with the matter.
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More Info: Missile Defense Scores ... Finally -- Defense Tech
My Comment: This weapon system is still in the developmental stage. It appears that a good number of people are confident that it will work, and that it is money well spent.
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