US sees $60bn arms deal with Saudi
Riyadh, September 2, 2010
The US is planning to sell $60 billion of arms to Saudi Arabia over the next ten years in what promises to be the largest arms sale by the US to a foreign country, said a report in Army News.
The proposed deal, which includes $30 billion of Apache and Black Hawk attack helicopters, is in addition to the already-offered 84 F-15 fighter jets, it added.
The deal is expected to win Congressional support in September and could be executed in four phases, according to presstv.ir.
Saudi Arabia invested $37 billion in weapons between 2001 and 2008. – TradeArabia News Service
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