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Saudi Arabia, US ink USD670mln arms deal
(MENAFN) US has granted a USD670 million arms sale to Saudi Arabia, following Saudi Crown Prince Mohammed bin Salman meeting with US Defence Chief James Mattis, The National reported.
A statement from the State Department on Thursday confirmed approval of "TOW 2B (BGM-71F-Series) missiles for an estimated cost of USD670 million" to the Kingdom.
Congress has been notified of the sale.
The statement added that the "Kingdom of Saudi Arabia has requested to buy up to six thousand six hundred (6,600) TOW 2B missiles (BGM-71F-Series) and ninety-six (96) TOW 2B (BGM-71F-Series) fly-to-buy lot validation missiles".
It said this sale "will support US foreign policy and national security objectives by improving the security of a friendly country which has been, and continues to be, an important force for political stability and economic growth in the Middle East".
The principal contractor for this sale is Raytheon Missile Systems.
A statement from the State Department on Thursday confirmed approval of "TOW 2B (BGM-71F-Series) missiles for an estimated cost of USD670 million" to the Kingdom.
Congress has been notified of the sale.
The statement added that the "Kingdom of Saudi Arabia has requested to buy up to six thousand six hundred (6,600) TOW 2B missiles (BGM-71F-Series) and ninety-six (96) TOW 2B (BGM-71F-Series) fly-to-buy lot validation missiles".
It said this sale "will support US foreign policy and national security objectives by improving the security of a friendly country which has been, and continues to be, an important force for political stability and economic growth in the Middle East".
The principal contractor for this sale is Raytheon Missile Systems.
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