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.
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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