U.S. Secretary of State John Kerry, meeting with leaders in Oman, hailed the Raytheon Co.'s $1.6 billion contract for an Omani air defense system.
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
The Pentagon has stepped up efforts to fund Israel's anti-missile shield, with the Missile Defense Agency requesting $220 million in fiscal 2014.
Israel's Home Front chief says cities will likely be unprotected by Iron Dome anti-missile systems if war erupts as military installations get priority.
Despite U.S. President Barack Obama's pledge of "eternal" support for Israel, the Jewish state worries that defense cuts will jeopardize U.S. military aid.
Israel showcased its Iron Dome anti-missile system for U.S. President Barack Obama but the system's shoot-down rate has been challenged by scientists.
There is deepening concern in Israel that U.S. sequestration signals cuts in U.S. aid slowing a crucial missile defense program.
Israel carried out the first flight test of its high-altitude Arrow-3 missile interceptor, a step in shielding the Jewish state from ballistic missiles.
The Persian Gulf monarchies have been eyeing the wares of U.S., European and Russian companies at the region's biggest arms show.