Search Results for keywords:"Kuwait"

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Search Results: keywords:"Kuwait"

  • Type:Notice
    Citation:90 FR 11210
    Reading Time:less than a minute

    The Department of the Treasury has issued a notice listing countries that may require participation in, or cooperation with, an international boycott. According to the information available, these countries are Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. This list is set forth under section 999 of the Internal Revenue Code of 1986. Lindsay Kitzinger, the International Tax Counsel for Tax Policy, was involved in the publication of this list.

    Simple Explanation

    The Department of the Treasury announced a list of countries—Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen—that might make others join a group avoiding business with certain other countries, but the notice doesn’t explain why or what people need to do about it.

  • Type:Notice
    Citation:86 FR 3128
    Reading Time:about 14 minutes

    The document from the Department of Defense notifies the public about a proposed arms sale to Kuwait, involving eight new AH-64E Apache Longbow Attack Helicopters and the remanufacture of sixteen existing helicopters to the same configuration. The sale includes a variety of military equipment and support services, with an estimated total value of $4 billion. This sale is intended to enhance Kuwait's military capabilities without altering the regional military balance, and it involves companies like Boeing and Lockheed Martin. There is no expected negative impact on U.S. defense readiness from this sale.

    Simple Explanation

    The U.S. Department of Defense plans to sell new and upgraded helicopters to Kuwait for a big amount of money, which will help Kuwait's military without causing any problems for U.S. defense.

  • Type:Notice
    Citation:86 FR 3135
    Reading Time:about 4 minutes

    The Department of Defense has announced an arms sales notification for the Government of Kuwait, which has requested to buy spare parts for their Patriot missile systems. The proposed sale, valued at $200 million, includes various logistical and support services but will not affect the military balance in the region. This sale aims to enhance Kuwait's security, supporting U.S. foreign policy and national security interests. The primary contractor for this deal will be Raytheon Missile Systems, and there will be no adverse impact on U.S. defense readiness.

    Simple Explanation

    The U.S. Department of Defense is telling everyone that they want to sell parts to help fix Kuwait's big defense machines called Patriot missile systems. This sale would be worth $200 million and is meant to keep Kuwait and the U.S. safe friends, but it won't change any power balance in the neighborhood.