Single largest arms deal in US history signed with Saudis for $110 billion and will be worth $350 billion over ten years
by brian wang from NextBigFuture.com on (#2QBV6)
The U.S. has reached a $6 billion deal for Saudi Arabia to buy four Littoral Combat Ships made by Lockheed Martin in a package of major arms purchases as President Donald Trump travels to the kingdom, people familiar with the transaction said.
Defense stocks took off on Monday after President Donald Trump signed a nearly $110 billion weapons deal with Saudi Arabia. The deal will be worth $350 billion over 10 years.
