Saturday, December 20, 2008

UAE buys U.S. missiles in $3.3 billion deal


DUBAI: United Arab Emirates and a US defence firm have signed an agreement under which the US would provide UAE a missile defence system worth $3.3. billion. The U.S. Defense Department said it had proposed the sale of air defense systems and helicopters to the UAE with a total potential value of more than $9 billion.The main item in the Pentagon-proposed package was Terminal High Altitude Area Defense, or THAAD, worth up to $7 billion. The syste

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