U.S. Approves $1.22B Sale Of Advanced Medium-Range Air-To-Air Missiles (AMRAAMs) To UAE; Waves Congressional Review For National Security Emergency

The U.S. has approved the sale of Advanced Medium-Range Air-to-Air Missiles (AMRAAMs) to the United Arab Emirates for $1.22 billion, bypassing the usual Congressional review process due to a national security emergency. This decision is expected to enhance the defense capabilities of the UAE. The stock ticker associated with this transaction is RTX.