The U.S. Defense Security Cooperation Agency notified Congress Tuesday of plans to sell a package of UGM-84L Harpoon missiles, plus associated equipment, parts, training, and logistical support, to the government of India. If approved by Congress, this sale would generate an estimated $200 million in new revenue for principal contractors Boeing (NYSE:BA) and privately held Delex Systems.

Live-fire exercise with Harpoon missiles aboard the British Royal Navy frigate HMS Richmond (F-239) in the Atlantic. Photo: Wikimedia Commons.

Specifically, India intends to purchase for its navy:

  • 12 UGM-84L Harpoon Block II Encapsulated missiles.
  • 10 UTM-84L Harpoon Encapsulated training missiles.
  • Two Encapsulated Harpoon certification training vehicles.
  • Containers for the missiles, spare parts, support and test equipment, and related services.

DSCA advised Congress that the Indian Navy intends to equip its four Shishumar-class diesel-electric submarines (variants of the German Type-209 boat) with the missiles. The agency also said India already uses Harpoon missiles aboard its Indian Air Force Jaguar fighter aircraft and Indian Navy P-8I maritime patrol aircraft.

DSCA assured Congress that this sale "will not alter the basic military balance in the region" and will result in "no adverse impact on U.S. defense readiness." 

Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. And there's one small company making Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!

Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.