A series of US-Saudi arms deals announced on Saturday includes a pledge to assemble 150 Lockheed Martin Blackhawk helicopters in the kingdom, said a report, citing an official statement.
 
The $6-billion deal for Blackhawks is expected to result in about 450 jobs in Saudi Arabia, reported Arab News.

The letter of intent agreement was among several deals announced in Riyadh today at the Saudi-US CEO Forum during the historic visit by the US President Donald Trump to Saudi Arabia.
 
A significant number of defence deals were signed at the forum besides a number of new licences being issued for US defence companies to set up their base in the Kingdom, stated the report.
 
​"We are proud to be part of this historic announcement that will strengthen the relationship between the US and Saudi Arabia,” remarked Marillyn A. Hewson, the chairman, president and CEO of Lockheed Martin Corporation.

The agreement supports Saudi Arabia’s Vision 2030 by developing local capabilities through technology and skills transfer,” Hewson was quoted as saying.

"We are especially proud of how our broad portfolio of advanced global security products and technologies will enhance national security in Saudi Arabia, strengthen the cause of peace in the region, and provide the foundation for job creation and economic prosperity in the US and in the kingdom," he said.

The agreements will directly contribute to His Majesty’s Vision 2030 by opening the door for thousands of highly skilled jobs in new economic sectors, he added.