2023-03-08 11:23:36 ET
The U.S. State Department approved a possible $1.38 billion sale of E-2D Advanced Hawkeye aircraft made by Northrop Grumman ( NYSE: NOC ) to Japan, the U.S. Defense Security Cooperation Agency said Tuesday.
The agency notified Congress about the approval of the sale, which is subject to negotiations that may lower the dollar value of the final agreement, according to a statement.
Northrop Grumman ( NOC ) is the prime contractor of what are known as airborne early warning and control ((AEW&C)) airplanes. Japan also requested logistics and support services, along with radar and navigation equipment preinstalled in the aircraft.
“Japan will use the E-2D AHE aircraft to provide AEW&C situational awareness of air and naval activity in the Pacific region and to augment its existing E-2C Hawkeye AEW&C fleet,” the statement said. “Japan will have no difficulty absorbing this equipment into its armed forces.”
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U.S. allows $1.38B Hawkeye airplane sale to Japan