Saturday, May 20, 2017

Trump signs $110 billion ($350 over next decade) arms deal with Saudi Arabia

Via Billy

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President Trump on Saturday signed a $110 billion arms deal between the U.S. and Saudi Arabia.
The arms transaction is intended to bolster national security in Saudi Arabia as well as the country's ability to combat terrorism. The White House says the agreement will provide fighter jets, tanks, radar, combat ships and anti-missile defense systems to Saudi Arabia and will create defense-related jobs in the U.S.

The defense cooperation agreements signed Saturday offer the Saudis $110 billion immediately, and ultimately worth $350 billion over the next decade. In total, Trump signed eight letters of acceptance and one letter of intent said White House spokeswoman Sarah Sanders. Also signed was a joint vision statement and private sector agreements.

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