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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS to pay Spain 200 million to host missile shield
http://elpais.com/elpais/2013/07/09/inenglish/1373387585_519452.htmlSpain and the US are expected to formalize an agreement in the coming weeks over the stationing of four destroyers at the naval base in Rota, Cádiz, for an initial period of over four years. The deal is worth 200 million euros to Spanish public company Navantia, which will be responsible for the maintenance of the four Arleigh Burke class vessels. The destroyers form part of the NATO missile defense shield and are equipped with Aegis combat systems capable of intercepting ballistic missiles.
The first two ships, the Ross and the Donald Cook, are scheduled to arrive at the Rota base in 2014, with the Porter and the Carney to follow in 2015. The destroyers will come with 1,100 military personnel and their families, which represents a shot in the arm for the local economy in one of the provinces hardest hit by Spains prolonged recession.
Industry sources said that even more significant than the fiscal boon is the fact that the US has placed the upkeep of some of its most advanced military hardware in the hands of a Spanish company. If they are satisfied, there will be more contracts; if they are not, they will find the easiest way to avoid honoring the contracts duration, the sources said.
To accommodate the US navy destroyers the existing wharfs at Rota have been extended and a new quay built, to avoid having to dislodge the Spanish navy vessels already based there. The deployment in Rota is the fourth element of the missile defense shield, which will also include radar and interceptor installations in Poland, Turkey and Romania.
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US to pay Spain 200 million to host missile shield (Original Post)
xchrom
Jul 2013
OP
xchrom
(108,903 posts)1. LOOK, WE FOUND MONEY!11 nt
SomethingFishy
(4,876 posts)2. Funny how that works isn't it?
We are apparently so broke that we have to cut billions in social services. But we have plenty of money for weapons that don't work, for failed wars and for "National Security".
friendlyFRIEND
(94 posts)3. see?? Thats how it works.
The US scratches their back by supporting their companies and economy and when the US needs a dirty favor they have a willing participant.
byeya
(2,842 posts)4. + + That sums it up concisely.
limpyhobbler
(8,244 posts)5. Huge K&R for America no longer being on a tight budget. nt
City Lights
(25,171 posts)6. Wow, who knew we had all this extra cash laying around?