NATIONAL SECURITY

QUICK TAKE-- White House Announces Sale of $30B Worth of F-15s to Saudi Arabia

Updated: December 29, 2011 | 12:05 p.m.
December 29, 2011 | 11:44 a.m.

The White House announced the sale of almost $30 billion worth of F-15 fighter jets to Saudi Arabia on Thursday, in the latest sign of U.S. concern about Iran's nuclear program.

In recent days, Washington and its Persian Gulf ally signed a formal agreement to send 84 new Boeing F-15 jets to Saudi Arabia, and upgrades for 70 more already in the Saudi fleet, Deputy Press Secretary Joshua Earnest said in a statement. The deal, valued at $29.4 billion, will also include munitions, spare parts, training, maintenance and logistical support.

Earnest said the deal would support more than 50,000 American jobs, engage 600 suppliers in 44 states, and provide $3.5 billion in annual economic impact to the U.S. economy. "This agreement reinforces the strong and enduring relationship between the United States and Saudi Arabia, and demonstrates the U.S. commitment to a strong Saudi defense capability as a key component to regional security," he said.

The Obama administration announced its plans last October to sell the aircraft and military hardware as part of a $60 billion deal over 10 years.

Get the latest news and analysis delivered to your inbox. Sign up for National Journal's morning alert, Wake-Up Call, and afternoon newsletter, The Edge. Subscribe here.


More By This Writer
Sara Sorcher's Pic
Sara Sorcher | Staff Writer, National Security
ssorcher@nationaljournal.com | Follow:    
Leave A Comment
The National Journal Group has the right (but not the obligation) to monitor the comments and to remove any materials it deems inappropriate.
Comments powered by Disqus
Follow National Journal
Related Content
Columns
Charlie Cook: The Cook Report

No Wonder Republican Criticism of Obama Isn’t Working

8:05 p.m.
They’re attacking the president where he’s least vulnerable at a time when they have minimal credibility.
Reid Wilson: On the Trail

Parties Push For House Retirements

6:00 a.m.
Campaign committees utilize scare tactics to pressure members to step aside.
Norm Ornstein: Washington Inside Out

GOP’s Switch on Financial Disclosure Wins Gold Medal in Hypocrisy Olympics

May 22, 2013
The IRS scandal evolved from the broader reality that the GOP has changed its financing mantra from “disclosure” to “secrecy.”
More Columns »