US-Saudi Arabia in $60bn arms deal: The …
US-Saudi Arabia in $60bn arms deal:
The US government is charging ahead with a plan to sell $60bn worth of advanced aircraft and other sophisticated weapon systems to Saudi Arabia, in what is thought to be the largest US arms deal ever.
The Wall Street Journal reported on Monday that the administration of Barack Obama, the US president, was also in talks with the Saudis about naval and missile-defence upgrades that could be worth tens of billions of dollars more.
Under the deal, the US also to expand Saudi Arabia’s ballistic-missile defences “to reduce the threat from Iranian rockets”, US officials were reported to have said. They also said that it was unclear how much that package would be worth, but it could be similar to one in the United Arab Emirates.
The Obama administration sees the sale as part of a broader policy aimed at supporting “Arab allies against Iran,” and is expected to notify the US congress about these plans in the upcoming weeks, the report said.