(MENAFN) Defense Security Cooperation Agency stated on Tuesday that the United States State Department approved the prospective sale of 300 Patriot missiles and associated equipment to Saudi Arabia to enhance its defenses for an estimated price of USD3.05 billion.
According to the source, the monarchy asked to purchase 300 MIM-104E missiles from Raytheon Technologies. The agreement may also include the purchase of all required auxiliary equipment, technical manuals, and spare and maintenance components.
Because it could enhance the security of a "partner country" in the Gulf area, Washington feels that this agreement " will support the foreign policy goals and national security objectives of the United States."
The transaction, according to the Defense Security Cooperation Agency, is intended to supplement Saudi Arabia's depleting Patriot missile supply and strengthen the country's ability " to meet current and future threats." Particularly among the latter are reportedly Yemeni Houthi militants whose strikes might endanger the safety of the local populace.
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