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European demand for U.S. weaponry is soaring, but instead of big-ticket items like jets and tanks, shopping lists are focused on cheaper, less-sophisticated items such as shoulder-fired missiles, artillery, and drones that have proven critical to Ukraine’s war efforts.
The State Department backed a potential sale of 3,000 joint air-to-ground missiles to the United Kingdom worth $957.4 million, according to a statement. The missile is primarily used for short-distance air strikes.
Lockheed Martin Corp (NYSE:LMT) would be the principal contractor for the sale.
The department also approved a potential sale to Finland of 150 advanced anti-radiation guided missiles worth $500 million, according to a separate Pentagon statement on Monday. The missiles are used to destroy an enemy’s radar arrays in the hopes of rendering the adversary blind to attack.
Northrop Grumman (NYSE:NOC) would be the principal contractor for the transaction with Finland.
The Pentagon also announced on Monday that the State Department has approved a potential sale of 36 advanced medium range air-to-air missiles to Lithuania with Raytheon (NYSE:RTN) as the principal contractor.
