Spain Acquires Excalibur Projectiles

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Spain Acquires Excalibur Projectiles
The U.S. has decided to sell Excalibur Projectiles to Spain with an estimated cost of $48.2 million.

The State Department has approved a possible Foreign Military Sale (FMS) to Spain of M982A1 Excalibur tactical projectiles and related equipment for an estimated cost of $48.2 million. The Defence Security Cooperation Agency (DSCA) delivered the required certification notifying Congress of this possible sale today. 

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Spain has requested to buy an additional 153 M982A1 Excalibur tactical projectiles to be added to a previously implemented case whose value was under the congressional notification threshold. The original FMS case, valued at $21.87 million, included 118 M982A1 Excalibur tactical projectiles. This notification is for a combined total of 271 M982A1 Excalibur tactical projectiles. The total estimated cost is $48.2 million. The principal contractor will be Raytheon Company Missile Systems.

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