Lockheed Martin has won a $1.47 billion mega contract to build the Terminal High Altitude Area Defense (THAAD) missile defense system for Saudi Arabia.
The new contract for interceptor support items brings the total value of the deal till date to $ 5.4 billion, the US Department of Defense said in a statement Friday.
The country signed a letter of offer and acceptance with the US for the procurement of 44 THAAD missile systems for an approximate $15 billion in November 2018.
The company was awarded a $2.4 billion contract for THAAD interceptor missiles in April of this year, some of which are slated to be delivered to Riyadh.
Saudi Coalition forces intercepted and brought down an armed drone flown by Yemens Houti forces in the direction of Saudi Arabia last night. The spokesman of the coalition forces, Colonel Turki al-Maliki said that at 10:20 pm on Wednesday, the Coalition Air Forces managed to intercept and down a drone in Yemeni airspace after it was launched by the Houthi terrorist militia from the north of Sana'a towards the Kingdom
Saudi Arabia will not be able to acquire the Terminal High Altitude Area Defense (THAAD) missile defense systems as the United States (US) senate has blocked $8 Billion arms sales to Riyadh and its allies, owing to their interference in the Yemen conflict. The Republican-led Senate joined the Democrats in a symbolic rebuke to President Donald Trump who had claimed earlier this year that "emergency" circumstances require Washington to provide Riyadh with more precision-guided bombs because of Iranian threats
Germanys defense hardware exports to Saudi-coalition participating in the Yemen conflict for the first six months of 2019 stands at $1.1 billion (1 bilion Euro), according to a report published by the Economy Ministry
The United States approved arms sales worth an estimated $8 Billion to Saudi Arabia, United Arab Emirates and some other countries after President Donald Trump used emergency authority to approve nearly two dozen such deals. The US Defense Security Cooperation Agency (DSCA) put up some of the State Department approvals of the deals on its website while various US media reported that the combined value of the deals as $ 8 Billion
In the aftermath of the Yemeni attack on Saudi oil fields, the Pentagon has announced deployment of Patriot air defense system, Sentinel radars, as well as station 200 additional troops in Saudi Arabia. "In light of recent attacks on the Kingdom of Saudi Arabia, and at their invitation US will deploy one Patriot battery, four Sentinel RADARs and approximately 200 support personnel,” Secretary of Defense Mark T
Lockheed Martin has won a $15.7 million modification contract for AEGIS Weapons System design requirements in support of Americas new Guided Missile Frigate (FFG(X))
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