US to pay Spain 200 million to host missile shield

Spain 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. Continue reading