Saudi Arabia buying 2,000 Advanced Precision Kill Weapon System rockets from BAE Systems

The Defense Security Cooperation Agency notified Congress Thursday that the Kingdom of Saudi Arabia intends to purchase 2000 Advanced Precision Kill Weapon Systems (APKWS), which are 2.75 inch laser-guided rockets.

Including spare parts, support equipment, missile software, and training services, the total value of this contract will come to $100 million.

BAE Systems (OTC: BAESY) is named principal contractor on the sale.

Full news release here:
https://www.dsca.mil/press-media/major-arms-sales/kingdom-saudi-arabia-advanced-precision-kill-weapon-systems