US to sell $6.7bn aircraft to Saudi
Washington, November 12, 2012
The US has announced plans to sell 25 military aircraft to Saudi Arabia in a deal worth $6.7 billion, according to reports.
The deal includes the cost of training, logistical support, parts and associated equipment for the aircraft, said a statement released by the Pentagon said.
Prime contractors for the deal will be Lockheed Martin Corp, General Electric Aviation Systems and Rolls Royce Corp.
The US Congress should approve the deal. Notice of the deal was sent to Congress on Thursday.
Lockheed Martin will sell Saudi Arabia 20 C-130J military transport planes, five KC-130J refueling aircrafts and related equipment, a report said.
"The proposed sale of these aircraft and support will not alter the basic military balance in the region," the Pentagon’s Defense Security Cooperation Agency (DSCA) said.