The US and Saudi Arabia are likely to finalize a series of arms deals that include THAAD, Bradley Fighting Vehicles, M109 artillery, Littoral Combat Ships (LCS) and munitions as part of the touted $3oo billion arms package during US President Donald Trump’s visit to Riyadh Friday.
The arms package could end up surpassing more than $300 billion over a decade to help Saudi Arabia boost its defensive capabilities, Reuters reported last week quoting a senior White House official.
"We are in the final stages of a series of deals. The package includes American arms and maintenance, ships, air missile defense and maritime security,” the official said.
The proposed arms package are said to include Terminal High Altitude Area Defense anti-missile system (THAAD) for $1 billion, Bradley fighting vehicles, M109 artillery, LCS and $1 billion-worth of munitions that include laser-guided bombs and armor piercing warheads.
The package includes American arms and maintenance, ships, air missile defense and maritime security, the official said.
The US state department in March approved a multi-million dollar arms sale that included tanks and armored vehicles and precision-guided military technology to Saudi Arabia that was blocked by the previous Obama Administration.
The deals were opposed by over 60 members of House of Representatives over human rights concern in Yemen last year.
Seoul has rejected US President Donald Trumps demand of $1 billion for the Terminal High Altitude Area Defense (THAAD) system Washington is installing in South Korea to counter Norths threats. Trump called the five-year-old trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completes a revamp of the North American Free Trade Agreement (NAFTA) with Canada and Mexico, Trump said in an interview with
Japanese Prime Minister Shinzo Abe personally thanked US President Donald Trump for taking up with Lockheed Martin the issue of reducing price of the F-35 fighter jets being sold to Japan. "Prime Minister Abe was great, great guy
The US Trump administration may want a fresh look at Lockheed Martins proposal to move production of F-16 fighter jets to India. "We've briefed the Administration on the current proposal, which was supported by the Obama Administration as part of a broader cooperative dialogue with the Government of India," a Lockheed Martin Spokesperson was quoted as saying by
Lockheed Martin has cut $600 million off from its next lot of 90 F-35 Joint Strike Fighter planes, President Trump said Monday Lockheed Martin cut $600 million off the cost of the F-35 fighter jet program, which was repeatedly criticized by President Donald Trump for cost overruns as well as delays since his election run
Sixteen civilians and a soldier were killed in the first US president Donald Trump authorized military operations carried out in Yemen last Saturday. The US military said it killed 14 militants from “al-Qaeda in the Arabian Peninsula” (AQAP), the organizations branch in Yemen, in an attack launched on the rural Yakla district of al-Baida province
Saudi Arabian Military Industries (SAMI) today announced the appointment of its Chief Executive Officer, Dr Andreas Schwer, who was earlier the Chairman & President of Rheinmetall International and CEO of its Combat Systems Division. SAMI also announced the formation of its Board of Directors, chaired by H
The US State Department has approved an estimated $15 billion Sale to Saudi Arabia for Terminal High Altitude Area Defense (THAAD) and related equipment and services for an estimated cost of $15 billion. THAADs exo-atmospheric, hit-to-kill capability will add an upper-tier to Saudi Arabias layered missile defense architecture and will support modernization of the Royal Saudi Air Defense Force (RSADF)
The United States is planning to test its THAAD missile defense system from a launch site in Alaska “in early July”, according to an exclusive
Lockheed Martin has won a contract worth $18 million in foreign military sales to provide the United Arab Emirates (UAE) with ground components for its Terminal High Altitude Area Defense (THAAD) system. "Lockheed Martin Corp
South Koreas new president, Moon Jae-in, has ordered an investigation on installation of four US-built THAAD anti-missile systems after the ministry failed to inform the new government on the latest development. The President initiated the probe after learning that a complete set of six launchers were on South Korean soil, Moons spokesman, Yoon Young-chan, told a media briefing Tuesday
Arab Islamic American Summit on Sunday is planning to establish the Middle East Strategic Alliance by 2018 with focus on their fight against terrorism, counter-piracy and also to protect the regions waterways and ship routes. The process of establishing the Riyadh-based Alliance with the participation of many nations will be completed by 2018, according to a communique, called “Riyadh Declaration”, adopted at the end of the summit in Riyadh,
Elbit Systems Pitches For Lockheed Martin F-21 Jet Project in India
Rheinmetall Wins €470M To Equip NATO Taskforce with 41 Puma IFVs, Related...
Bulgaria To Axe Defense Procurement Projects, Increase Budget Deficit to Finance $1.25B...
Germany’s Puma IFV Exceeds Initial Manufacturing Costs by Euro 2.9 Billion
Design of Russian-made 'World's Fastest Helicopter' Ready
India To Give The Final Go-ahead To $1.7 Billion C-295 Transport Aircraft
China offers Two-seat Fighter Trainer FC-1B for International Sales
Two New Russian Ivan Gren-class Warships Likely To Be Helicopter Carriers
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...