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US State Dept approves sale of F-35 aircraft to Czech Republic

Published 06/29/2023, 04:06 PM
Updated 06/29/2023, 04:20 PM
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WASHINGTON (Reuters) -The U.S. State Department has approved the sale of F-35 fighter jets, munitions and related equipment to the Czech Republic in a deal valued at up to $5.62 billion, the Pentagon said on Thursday.

The Pentagon's Defense Security Cooperation Agency notified Congress of the possible sale on Thursday. The principal contractors will be Lockheed Martin (NYSE:LMT), Raytheon (NYSE:RTN) and Boeing (NYSE:BA).

Last year, the Czech government said it wanted to buy 24 F-35 jets to replace leased Gripen fighters from Sweden's Saab AB .

The package approved by the State Department would also include a spare engine, 70 AIM-120C-8 Advanced Medium Range Air-to-Air Missiles (AMRAAMs), various bombs, support equipment, spares and technical support, the Pentagon said.

Despite approval by the State Department, the notification does not indicate that a contract has been signed or that negotiations have concluded.

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