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Egypt Military Aid to Be Paid by U.S. for Strategic Goals

The Obama administration has decided to release military aid for Egypt that has been in question since the country acted to prosecute U.S. and Egyptian pro-democracy workers.

The U.S. gives Egypt $1.3 billion a year in military aid that must be spent on U.S. goods. Weapons the Foreign Military Financing pays for include General Dynamics Corp. M1A1 tanks that are assembled outside Cairo and Lockheed Martin Corp. F-16 fighter jets built at Fort Worth, Texas.