Hungary, US arms deal

Hungary agreed Wednesday to buy $1 billion worth of air-to-air missiles from the US, a deal which Washington's envoy in Budapest described as the EU member's biggest-ever procurement from his country.

Hungarian Defense Minister Tibor Benko signed a letter of intent to buy Advanced Medium-Range Air-to-Air Missiles with US Ambassador David Cornstein, according to Hungary's MTI news agency.

The purchase of the mid-range missile system made by US firm Raytheon Technologies is Hungary's "largest-ever defense procurement" from the US, Cornstein said.

AFP