Monday, September 13, 2010

Largest Arms Deal In History Working Its Way Through Congress

Record deal: The White House is set to confirm the sale of £39billion of weaponry to Saudi Arabia, including F-15 fighters (pictured)

Obama To Pitch $60B Saudi Arms Deal To Congress -- CBS News

The Wall Street Journal reports the White House will officially notify Congress in the next two weeks of a $60 billion deal to sell Saudi Arabia dozens of U.S.-made fighter jets and military helicopters.

If it goes ahead, the sale of some 84 new F-15 jets and dozens of helicopter will be the largest U.S. arms deal ever.

The Obama administration is pitching the sale as a major opportunity to create new jobs for the beleaguered American economy. Companies including Boeing, Northrop Grumman, Lockheed Martin and General Electric say more than 75,000 jobs could be created to build the new aircraft.

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More News On The U.S. - Saudi Arabian Arms Deal

Saudi Arms Deal Advances -- Wall Street Journal
Nobel Peace Prize winner Barack Obama to sign biggest arms deal in U.S. history with Saudi Arabia -- The Daily Mail
US expects Saudis to commit to $30 bln in arms-source -- Reuters
Pentagon Readies $60 Billion Weapons Shopping List -- ABC News
Obama to notify Congress of $60bn arms sale to Saudis -- BBC
U.S. to sell up to $60 billion of arms to Saudi Arabia -- Haaretz
US pushes $60bn Saudi arms deal -- Al Jazeera
Report: U.S., Saudis close to largest arms deal ever -- CNN
US to notify Congress on Saudi arms deal in next week -- Reuters

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