U.S. Weapons Sale to Saudi Arabia Said to Reach $60 Billion (Bloomberg)

“I think it would be the largest ever,” said William Hartung, director of the New York City-based New America Foundation’s Arms and Security Initiative. “Other deals that used to be considered large,” like the $9 billion sale of 72 F-15s to the Saudis in 1992-93 or the kingdom’s $9 billion acquisition of U.S. AWACS surveillance aircraft in 1981, “aren’t even in the ballpark, even allowing for inflation,” Hartung said. Read full article.

Release Date: 
August 12, 2010