Loading...
Market
How will Egypt's strategic alliances shift by December 31, 2025, following U.S. military support?
2
Resolution / Starting Odds
Closer to U.S. • 25%
Closer to Russia • 25%
Closer to China • 25%
No Significant Shift • 25%
Reports from international relations analysts or government announcements
Story
U.S. Approves $5.4 Billion Military Sale to Egypt, Including 555 Abrams Tanks and 2,183 Hellfire Missiles
Dec 24, 2024, 04:01 PM
The U.S. State Department has approved a military sales agreement to Egypt, valued at approximately $5.4 billion. This deal includes the modernization of 555 M1A1 Abrams tanks to the M1A1SA configuration and the provision of various weapon systems. Notably, the package features 2,183 AGM-114R Hellfire missiles, valued at $630 million, and 759 precision-guided munitions worth $30 million. The sales agreement underscores Egypt's long-standing status as one of the largest purchasers of American military equipment since 1979. These developments occur alongside Egypt's ongoing negotiations with the International Monetary Fund (IMF), which recently reached a staff-level agreement for a fourth review of an extended fund facility, allowing Egypt access to approximately $1.2 billion.
View original story
Similar markets
Key ally in Middle East • 25%
Mediator in regional conflicts • 25%
Focus on human rights improvements • 25%
Other • 25%
Increased involvement • 25%
Decreased involvement • 25%
No change • 25%
Mediation role • 25%
Aid fully released • 25%
$320 million withheld • 25%
More than $320 million withheld • 25%
Aid completely stopped • 25%
Improved ranking • 25%
No change in ranking • 25%
Declined ranking • 25%
Not ranked • 25%
Conditions met • 25%
Conditions partially met • 25%
Conditions not met • 25%
Aid withheld • 25%
Yes • 50%
No • 50%
Successful completion of U.S. arms deal • 25%
Diversification to other suppliers • 25%
Reduction in military purchases • 25%
Other • 25%
New alliance forms • 25%
Current alliances strengthen • 25%
Alliances weaken significantly • 25%
No significant change • 25%
Strengthened alliance with new agreements • 25%
Status quo maintained • 25%
Tensions increase without formal changes • 25%
Formal reduction in military cooperation • 25%
Increased military spending • 25%
Diplomatic protests • 25%
No significant response • 25%
Other military alliances • 25%
Increase in surveillance measures • 25%
Decrease in surveillance measures • 25%
No significant change • 25%
Other changes • 25%