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U.S. delivers 128 anti-tank Javelin missiles to Estonia

HELSINKI (AP) — The United States says it has delivered 128 anti-tank Javelin missiles to Estonia as part of a larger contract with the Baltic NATO member and the U.S. Department of Defense.

The U.S. Embassy in Tallinn said in a statement on Thursday that "the shipment will continue to build upon Estonia’s defensive capabilities and further strengthens our nations’ strategic integration" within NATO, of which Estonia has been a member since 2004.

Washington has provided Estonia, a staunch military ally, with over $100 million in joint defense cooperation over the past few years, the U.S. Embassy said.

The FGM-148 Javelin is an infrared-guided anti-tank missile that can be carried and launched by a single person. It is manufactured by a joint venture between Raytheon Company and Lockheed Martin Corp.

In December, the Estonian defense ministry said the United States has allocated $175 million in military aid to the Baltic countries of Estonia, Latvia and Lithuania for 2020.

The three countries are all NATO members and all of them border Russia.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Lockheed Martin (LMT)
4.8432 of 5 stars
$450.98+0.9%2.93%20.23Moderate Buy$553.67
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