INSEAD Day 4 - 728x90

Geostrategy

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

US approves $825 mn Stinger missile sale to Morocco

Members of the Moroccan royal armed forces (FAR) take part in the joint US military exercise "African Lion" in the Tan-Tan region in southwestern Morocco on May 31, 2024. AFP
By TRENDS Desk AFP
April 16, 2025 7:27 am
  • The proposed sale will improve Morocco's capability to meet current and future threats, the US Defense Security Cooperation Agency (DSCA) said in a statement
  • This will contribute to the Moroccan Army's goals of updating capability and further enhancing interoperability with the US and other allies, the statement added

Washington, United States – The United States on Tuesday announced the approval of an $825 million sale of up to 600 Stinger anti-air missiles and related equipment to Morocco.

“The proposed sale will improve Morocco’s capability to meet current and future threats. Morocco intends to use these defense articles and services to modernize its armed forces and expand its existing army short range air defense options,” the US Defense Security Cooperation Agency (DSCA) said in a statement.

“This will contribute to the Moroccan Army’s goals of updating capability and further enhancing interoperability with the US and other allies,” it said.

The State Department approved the possible sale and the DSCA on Tuesday provided the required notification to the US Congress, which still needs to sign off on the transaction.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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