💨 Abstract

The U.S. has approved the sale of 720 Stinger missiles to Egypt for $740 million. These missiles, in high demand due to their effectiveness against air assaults in Ukraine and neighboring countries, will be mounted on vehicles instead of shoulder-launchers. The principal contractor is RTX Corp. NATO members placed a similar order this summer, extending the production lines' order backlog through 2029.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖