Saudi Arabia has signed a letter of offer and acceptance with the United States for the procurement of 44 Terminal High Altitude Area Defense (THAAD) missile systems for an approximate $15 billion.
Saudi officials alongside their US counterparts signed the government-to-government agreement earlier this week, CNBC reported quoting an unnamed state department spokesperson Wednesday.
Saudi Arabia and the US entered formal discussions for THAAD in December 2016.
"After completing required congressional notifications in 2017, followed by many months of negotiation, signing letters of offer and acceptance marks a step toward protecting the United States and its regional partners from Iranian-origin missiles," said the State Department spokesperson.
"The sale of the THAAD missile defense system benefits US national security by supporting the long-term security of Saudi Arabia and the Gulf region in the face of the growing ballistic missile threat from the Iranian regime and Iran-backed extremist groups," the spokesperson added.
Lockheed Martin has been awarded a $282,085,646 contract modification for long-lead-time material and detail design in support of the construction of four Multi-Mission Surface Combatant ships (MMSC) for Saudi Arabia. This contract involves foreign military sales to the Kingdom of Saudi Arabia
Sierra Nevada Corp won a $23 million modification contract to upgrade two Saudi Arabian King Air 350 extended range aircraft. The upgrade includes equipping the aircraft with intelligence, surveillance, reconnaissance/synthetic aperture radar capability; one transportable ground station; one fixed ground station; and one mission system trainer, the US DoD announced in a statement on Wednesday
Germany announced a freeze in arms sales approvals to Saudi Arabia and urged its fellow European Union members to do the same over Riyadhs admittance that its security team killed journalist Jamal Khashoggi. Economy and Energy Minister Peter Altmaier told ZDF television that the German government would not approve any new arms sales to Saudi Arabia and would urge other EU member states to follow this example
Germany has approved the delivery of four artillery positioning systems for Saudi Arabian armored vehicles despite a commitment not to export arms to countries fighting Yemen war. The decision to greenlight the export order was given by Economy Minister Peter Altmaier in a letter he provided to a parliamentary committee
The United States has planned to deploy to Romania one of its seven Terminal High-Altitude Area-Defense (THAAD) missile-interceptor batteries, the army has announced. The planned summer 2019 deployment coincides with a shut-down of the US Aegis Ashore missile-defense site, also in Romania, for a scheduled upgrade
Lockheed Martin has won a $946 million contract to supply Terminal High Altitude Area Defense (THAAD) systems to the Kingdom of Saudi Arabia (KSA). Under this undefinitized contract action, Lockheed Martin will provide THAAD FMS KSA Phase I long lead items, obsolescence, tooling and test equipment, key personnel, line requalification activities, initial training development, System Integration Lab and testbeds, three-level maintenance concept, exportability, and early engineering development, the US Missile Defense Agency said in a statement Monday
Russia has begun the delivery of Kalashnikov AK103 assault rifles to Saudi Arabia, director general of Rosoboronexport Alexander Mikheev said Sunday. "We have signed and are now implementing a contract on the supplies of Kalashnikov assault rifles
Navantia has started the construction of the first corvette for the Royal Saudi Arabian Navy. This symbolic action consisted of cutting the first steel plate for the vessel, belonging to block 401 of the engine room
Saudi Arabia is likely to receive new mobile Thunder-2 short-range ballistic missile systems in 2022. The kingdom received the first batch of components that include engines, spare parts and different warheads of the missile as part of the first phase of test programme,
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