Search Results for keywords:"financial breakdown"

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Search Results: keywords:"financial breakdown"

  • Type:Notice
    Citation:90 FR 1460
    Reading Time:about 6 minutes

    The Department of Defense (DoD) has announced a proposed arms sale to Italy. The sale includes 173 Small Diameter Bombs-Increment II and 14 Captive Carry Reliability Tests, along with training and support equipment, at an estimated value of $150 million. This proposal aims to enhance Italy's military capabilities and supports U.S. foreign policy by strengthening a NATO ally. The sale is intended to improve interoperability between the U.S. and Italian Armed Forces without affecting the regional military balance or U.S. defense readiness.

    Simple Explanation

    The U.S. Department of Defense wants to sell some special bombs to Italy for $150 million to help them work better with the U.S. military and keep everyone safer, but there are some tricky details and questions about how the money will be spent and how they will make sure the bombs stay safe.