New York, Geneva (AirGuideBusiness - Aerospace & Defense News - Defense Africa / Middle East) Jan 1, 2012
U.S., Saudi Arabia sign USD30B deal for fighter aircraft The Obama administration has closed a deal to sell USD30 billion in fighter aircraft to Saudi Arabia. "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," said White House spokesman Josh Earnest. Dec 30, 2011
U.S. government plans to proceed with weapons sale to Iraq The Obama administration plans to continue with an USD11 billion sale of weapons to Iraq despite concerns about the leadership of Iraqi Prime Minister Nouri al-Maliki. "Maliki has shown a troubling inclination toward enhancing his control over the country's institutions without accepting any significant checks and balances," said Joost Hiltermann, deputy program director for the Middle East and North Africa at the International Crisis Group. Dec 29, 2011
Boeing Boeing Statement on Saudi Arabia Purchase Agreement. Boeing Chairman, President and CEO Jim McNerney today welcomed the announcement by the Kingdom of Saudi Arabia that it has reached an agreement to purchase from the U.S. government 84 new Boeing F-15 fighter aircraft and to upgrade 70 of its existing F-15s. "For Boeing, this agreement represents the continuation of an enduring partnership between the company and the Kingdom that dates back to 1945 when President Franklin D. Roosevelt presented a DC-3 Dakota airplane to King Abdulaziz Al-Saud , the founder of the Kingdom of Saudi Arabia ," said McNerney. "We appreciate the efforts of the Obama Administration and the trust of King Abdullah 's government in finalizing the agreement, which will support tens of thousands of American jobs and help the Kingdom enhance its defense capabilities and diversify its workforce." The Kingdom of Saudi Arabia is one of Boeing's most valued customers operating a fleet of existing Boeing F-15s, Apache helicopters, AWACS, and special mission aircraft. "Boeing is privileged to support the important U.S./Saudi bi-lateral relationship, and we are pleased Saudi Arabia has chosen the proven, state of the art capabilities of our F-15 and rotorcraft platforms," said McNerney. "Boeing views Saudi Arabia as a market with great potential and has made it a priority to invest in Saudi Arabia 's aviation industry while...