| U.S. Considering Saudi Arms Sales Valued at Up to $30 billion |
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Large number of F-15s and UH-60s to be procured by Saudi Arabia
08:04 GMT, July 26, 2010 NEWTOWN, Conn. | The U.S. is considering an arms sale package for Saudi Arabia having a potential value of close to $30 billion, according to the director of the U.S. Defense Security Cooperation Agency, Navy Vice Adm. Jeffrey Wieringa. The package will include 84 new Boeing F-15 jet fighters, 72 UH-60 Black Hawk utility helicopters, and the refurbishment of 70 F-15s already in Royal Saudi Air Force service. The latter F-15s were acquired by the Saudis in 1992, the last large-scale purchase by Riyadh of U.S. equipment. |
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Forecast International, Inc. provides market intelligence and analyses for the aerospace, defense, military electronics, and power systems industries. Forecast International products are designed to assist corporate executives, military leaders and top government personnel in strategic planning and gathering market intelligence. A staff of seasoned professionals tracks over 5,000 individual programs and produces a series of market intelligence services, analyses, and specialized news services in support of a worldwide client base. Key areas of market research include military and civil aerospace, weapons and missile systems, electronics, naval systems, and power systems. All reports come complete with 10-year unit and value forecasts, as well as projected market share calculations for competing manufacturers. |