Obama to authorise record $60bn Saudi arms sale
Original post made by Sharon, Midtown, on Sep 16, 2010
"Barack Obama is to go ahead with plans to sell Saudi Arabia advanced aircraft and other weapons worth up to $60 billion, the biggest arms deal in US history, in a strategy of shoring up Gulf Arab allies to face any military threat.
According to the Wall Street Journal, the administration is also in talks with the Saudis about possible naval and missile-defense upgrades that could be worth tens of billions of dollars more over five to 10 years.--
The Saudis will buy as many as 84 new F-15 fighters,
upgrade 70 more,
and purchase three different types of helicopters
70 Apaches, 72 Black Hawks and 36 Little Birds, the Wall Street Journal reported.
The administration plans to tout the $60 billion package as a major job creatorsupporting at least 75,000 jobs, according to estimatesWeb Link
How much of that will be spent in the local economy?--quite a bit actually!
Good move by Obama, though the deal has, in fact, been in the works since 2006.
Company partners with Coupa Cafe to launch mobile payment app
By Elena Kadvany | 5 comments | 1,603 views