The U.S. Defense Security Cooperation Agency notified Congress Thursday of plans to sell the government of Kuwait $150 million worth of follow-on "contractor engineering technical services" for that country's fleet F/A-18 C/D Hornet fighter jets, plus necessary equipment, parts, and logistical support.
The principal contractors on this project will be the publicly traded defense contractors Boeing (NYSE:BA) and General Electric (NYSE:GE), and also the privately owned U.S. company Kay and Associates Incorporated and England's Industrial Acoustics Corporation.
DSCA describes the purpose of the sale helping the Kuwait Air Force to "ensure the reliability and performance of its F/A-18 C/D aircraft."
DSCA assures Congress that "the proposed sale of this equipment and support will not alter the basic military balance in the region," nor will it have any "adverse impact on U.S. defense readiness."
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