USA-Portuguese Arms Sale 001

Seller: United States of America
Buyer: Republic of Portugal

Units:
5,000 AR-10 (with right to produce domestically)
2,500 M79 Grenade Launchers
40 M107 Self-Propelled Guns
500 M35
1,000 M54/55
250 Case 320 Backhoe Loaders
100 CAT D4C Dozer
100 H-34 Choctaw
10 DC-6
60 A-1 Skyraider
90 AT-28D Trojan

Total Cost: $84,720,000

Payment Terms: $45,770,000 to be paid in 1961, with the remainder to be paid over 1962-1967 at a rate of $8,500,000 per year.

Approved.

Surplus equipment will arrive in Jun. 1961
M107 Self-Propelled Guns will be new built and delivered in Jun. 1962.

Surplus units are added