, WASHINGTON: The Defense Security Cooperation Agency notified Congress of a possible Foreign Military Sale to Korea to provide funds for blanket order requisitions under a Cooperative Logistics Supply Support Agreement (CLSSA). The total value, if all options are exercised, could be as high as $500 million.
The Government of Korea has requested a possible sale for a Foreign Military Sales Order (FMSO) to provide funds for blanket order requisitions FMSO II, under a Cooperative Logistics Supply Support Agreement (CLSSA), for spare parts in support of the Air Force fleet of F-15K, F-16C/D, F-4, F-5, A-37, T-37 and C-130 aircraft, and support vehicles and equipment in the inventory of the Republic of Korea. The estimated cost is $500 million.
This proposed sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a friendly country that has been and continues to be an important force for political stability and economic progress in Northeast Asia.
The uninterrupted supply of spare parts will allow Korea to keep its Air Force fleet at the highest state of readiness. Korea requires the sustainment support to maintain its current defensive capability and will have no difficulty absorbing this equipment into its armed forces.
The proposed sale of this equipment and support will not affect the basic military balance in the region.
Procurement of these items will be from the many contractors providing similar items to U.S. forces. There are no known offset agreements proposed in connection with this potential sale.
Implementation of this proposed sale will not require the assignment of any additional U.S. Government or contractor representatives to Korea.
There will be no adverse impact on U.S. defense readiness as a result of this proposed sale.
This notice of a potential sale is required by law; it does not mean that the sale has been concluded.
US bomber joins air drill with South Korea, Japan
South Korea, Japan, and the United States on Sunday conducted a joint air drill involving a heavy bomber, Seoul's military...