UAE Buys U.S. Missiles In $3.3 Billion Deal: Report

Patriot missile battery

From Yahoo News/Reuters:

DUBAI (Reuters) – Iran's Gulf neighbor, the United Arab Emirates, has signed a deal worth $3.3 billion to buy missiles from U.S. firm Raytheon, a newspaper reported on Saturday.

The U.S. Defense Department said in September it had proposed the sale of air defense systems and helicopters to the UAE with a total potential value of more than $9 billion.

The main item in the Pentagon-proposed package was Terminal High Altitude Area Defense, or THAAD, worth up to $7 billion. The system is built by Lockheed Martin Corp with a system radar from Raytheon Co.

The National, an Abu Dhabi based-newspaper, said the deal was to buy Patriot missiles.

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My Comment: Did someone say Middle East Arms race?