U.S. Approves $2.1B Sale Of FS-LIDS Counter-Drone Systems To UAE; Waves Congressional Review for National Security Emergency

The U.S. government has approved a $2.1 billion sale of FS-LIDS counter-drone systems to the United Arab Emirates, bypassing the usual Congressional review process due to a national security emergency. This deal is part of efforts to enhance the UAE's defense capabilities against drone threats. The transaction involves Raytheon Technologies (RTX), which is expected to benefit from this significant contract.