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Saudi Arms Deal Advances ($60 Billion, largest deal ever)
wsj ^ | 8/13/2010 | wsj

Posted on 09/12/2010 10:34:17 PM PDT by mainsail that

"In a notification to Congress, expected to be submitted this week or next, the administration will authorize the Saudis to buy as many as 84 new F-15 fighters, upgrade 70 more, and purchase three types of helicopters—70 Apaches, 72 Black Hawks and 36 Little Birds, officials said.

The notification triggers a congressional review. Lawmakers could push for changes or seek to impose conditions, and potentially block the deal, though that is not expected.

On top of the $60 billion package of fighter jets and helicopters, U.S. officials are discussing a potential $30 billion package to upgrade Saudi Arabia's naval forces. An official described these as "discreet, bilateral conversations" in which no agreement has yet been reached. That deal could include littoral combat ships, surface vessels intended for operations close to shore, the official said."

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS:

1 posted on 09/12/2010 10:34:21 PM PDT by mainsail that
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To: mainsail that
Photobucket
2 posted on 09/12/2010 10:40:41 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: mainsail that

Saudi Arabia has about $592 Billion GDP. A $60 to $90 Billion arms deal must be over several years and will be paid for by higher oil prices.


3 posted on 09/12/2010 10:43:16 PM PDT by Tai_Chung
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To: mainsail that

Seems the pResident is arming enemies against our country.

oh well.....TIME FOR ICE CREAM!!!!!


4 posted on 09/12/2010 10:44:49 PM PDT by Mortrey (Impeach President Soros)
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To: mainsail that

FUBO, just FUBO!


5 posted on 09/12/2010 10:53:25 PM PDT by Merlinator (9/11 Never forget, Never forgive.)
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To: Mortrey

Saudis are hardly enemies. If the buy goes through thousands US jobs are saved. Plus, we own the SW for
these bird. If they misbehave, they don’t get ser viced.


6 posted on 09/12/2010 10:53:34 PM PDT by rahbert
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To: mainsail that

I’ll bet the package includes NASA technology as well as arms.

You know, in the name of Muslim outreach.


7 posted on 09/12/2010 10:55:11 PM PDT by 240B (he is doing everything he said he wouldn't and not doing what he said he would)
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To: mainsail that

For good or for ill, the Saudis have been one of the best customers of high-end U.S. weapons systems for a long time. They like to buy the premium equipment, and they have the hard currency to pay cash for it. Obama is following in the footsteps of every President since Reagan (if not well before) on this one.


8 posted on 09/12/2010 10:55:11 PM PDT by DemforBush (You might think that, *I* could not possibly comment.)
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To: DemforBush

Plus, EU and Russia will sell arms to them in a heartbeat unless we do, so...


9 posted on 09/12/2010 10:58:14 PM PDT by mainsail that ("A man will fight harder for his interests than for his rights" - Napoleon Bonaparte)
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To: mainsail that

Fear not, the borders are safe!


10 posted on 09/12/2010 11:03:28 PM PDT by Beowulf9
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To: rahbert

Yeah, just doing a little “pre-staging”


11 posted on 09/12/2010 11:27:05 PM PDT by onona (dbada)
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To: mainsail that

He needs another peace prize.


12 posted on 09/13/2010 3:20:22 AM PDT by Bon mots ("Anything you say, can and will be construed as racist...")
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To: mainsail that

Hmm, Dubai Ports deal bad, Saudi Arms Deal good? Where ‘s Peter King?


13 posted on 09/13/2010 5:27:39 AM PDT by anita
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