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US approves $1.57 billion sale of helicopters, torpedoes to New Zealand

US approves $1.57 billion sale of helicopters, torpedoes to New Zealand 

- The U.S. State Department on Friday said it approved two potential foreign military sales to New Zealand worth a combined $1.57 billion.

The sales include five Lockheed Martin MH-60R Multi-Mission Helicopters and related equipment valued at $1.5 billion, and 20 MK 54 MOD 0 Lightweight Torpedoes valued at $69 million, the department said.

Lockheed Martin LMT.N Rotary and Mission Systems is the principal contractor on the helicopter package.


(Reporting by Ismail Shakil in Ottawa and Ryan Patrick Jones in Toronto; editing by Costas Pitas)

((ryan.jones@thomsonreuters.com;))

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