US Approves $1 Billion In Saudi Defence Contracts


The United States formally approved defence contracts totalling more than USD 1 billion with Saudi Arabia today, as the kingdom’s crown prince continued his American tour.

The State Department confirmed it had green-lighted a USD 670 million deal for anti-tank missiles, a USD 106 million contract for helicopter maintenance and USD 300 million for ground vehicle parts.

An official said the deals had been in the pipeline since President Donald Trump has announced more than USD 100 billion in possible new contracts on a visit to Riyadh last year.

“This proposed sale will support US foreign policy and national security objectives by improving the security of a friendly country,” the Defence Security Cooperation Agency said. Read More…

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