September 15, 2010

Saudi Arms Deal Could Be the First of Many

Ulf Laessing, Reuters

AP Photo

U.S. plans unveiled this week to sell Saudi Arabia up to $60 billion in aircraft, helicopters and other arms could lead to the six Gulf Arab states spending as much as $100 billion in the next few years to overhaul their armed forces.

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TAGGED: Oman, Qatar, Bahrain, United Arab Emirates, Kuwait, Lockheed Martin Corp., GCC, Gulf Cooperation Council, Iran, Saudi Arabia

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